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

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To: Pacing The Cage who wrote (50265)3/16/1998 6:25:00 PM
From: Gary Wisdom  Read Replies (3) of 58324
 
Ken, re: <<Are they locked into the huge spending?>>

No. KE said that they'll pull the advertising if it doesn't work.

Guess he'll be pulling it.

As for salvaging the quarter, no way.

You better just hope for a buyout by some merciful firm.

Not that Iomega won't return to profitability. But, the Street won't really reward them if they do.

At $7, I wouldn't be selling it. But, I wouldn't be buying it either.
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