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

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To: Philip J. Davis who wrote (54937)5/18/1998 11:09:00 AM
From: Rocky Reid  Read Replies (1) of 58324
 
>>So you're buying IOM on the speculation that it will go up?<<

Absolutely. Iomega has proven successful in the past in being able to draw in Sucker Investors with its Hype Machine. The news and Hype of Jaz2 last Fall was very successul, and allowed Iomega Insiders to dump large numbers of their shares on the Market. The resulting crash however led to much suffering by Iomega Investors. There are several lawsuits now because of this.

I am hoping that this same mentality can rear its head once again with Iomega Management.
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