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Non-Tech : Any info about Iomega (IOM)?

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To: sheila rothstein who wrote (50004)3/14/1998 5:03:00 PM
From: Dr. Porsche  Read Replies (3) of 58324
 
>> Dr. Porsche, you say that you don't expect to "win back even 5% of your losses". That sounds like "a gamblers way of looking at an investment." Secondly, you want the "rats from Roy to be penalized." Aren't you jumping to conclusions? Maybe they did something illegal and maybe not, this will be decided in a court of law. >>

Sheila,

First of all, I enjoyed your posts and of course your professionalism, you're not like many on this thread, the radical fanatics. I consider myself a long investor, I'm not a short -- I don't have the time to look at the ticker minute by minute nor speculate-gamble like many here do.

Secondly, I'm not in the position to go into a "pissing contest" with any one here to validate my claim. Don't have the time, have better/producive things to do. I did meet with a couple of law firms and I'm convinced the Class A plaintiffs have a strong case. When I say 5% recovery of my losses, it's really representative. I know the firms will benefit the most, but honestly, I particularly do not expect anything. It is the principle, "the new-millioners from Roy" are in trouble, and it's because of them that Iomega has no respect whatsoever in Wall St. In the long run, the investor community will benefit by having these yahoos replaced with a team of high-caliber executives who will put the stockholders first.

Dr., I'm looking at my investment to mature in 5 to 10 years... and if you think I'm a gambler you're talking to the wrong guy!!

I will be in Ontario, Ottawa, and Victoria, CANADA in a couple of weeks, may be I'll make an appointment with you to check IOM's heartbeat. BTW, I develop strategic business relationships with top notch companies around the world, I happen to work for/with one of the biggest companies in the world.

Dr. Porsche
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