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Non-Tech : Iomega Thread without Iomega

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To: Rocky Reid who wrote (2542)10/23/1998 11:52:00 AM
From: j glad  Read Replies (2) of 10072
 
I think it is great that Iomega has eliminated the question of who their new Chief Executive is going to be. What I don't understand is what has fundamentally changed to cause Iomega to go up $350 million dollars today.

I did not realize that the pure hiring of a CEO constitutes a $350 million dollar gain in the market valuation of a company.
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