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Non-Tech : Any info about Iomega (IOM)?
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To: Rocky Reid who wrote (56061)6/13/1998 10:24:00 AM
From: Jock Hutchinson  Read Replies (2) of 58324
 


What exactly have I lied about?

I choose to protect my sources until I am
further able to confirm them, thank you very
much. Rest assured, I will use all available
resources to prove or disprove the inside
drop concerning Sony HiFi's release "at the
end of July" that came my way earlier today

Rocky: Whether you realize it or not. The above explanation is an admission that you lied. Do I agree with your scenario that Sony will do damage to IOM? Absolutely. Do I buy your scenario of a $4.80 share price? I actually predicted it before you did based on a sales to stock price multiple. But IOM's huge installed base is not going to go away, and when credible management is selected, IOM will again see institutional support. What I find a disgrace though, is the fact that you would publish something that you cannot verify. While it doesen't make you the most egregious poster on the IOM board, it casts a great deal of doubt on your credibility. A man of integrity would do what Phillip Davis did when he posted the query pertaining to your possible address in New York: Realizing that he had gone too far, Phillip asked the Webmistress to withdraw the offending post. You should do the same with your Sony HiFD release date post. You should demonstrate the same level of integrity that Phillip Davis has demonstrated. I doubt you will since one thing I have come to realize in my 38 years in the market is that a pathetic person can indeed be right when evaluating a stock's performance.
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