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Non-Tech : Iomega Thread without Iomega
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To: Philip J. Davis who wrote (5868)1/15/1999 1:16:00 AM
From: Dale Stempson  Read Replies (1) of 10072
 
Lipo, The following Yahoo! post was brought to my attention and I thought you would be interested:

______________________________

...just got off the phone with Tyler......................

by: ShowMeTheMoney_Annette_ (39/F/Irvine, CA) 46174 of 46305

Iomega was real excited about the purchase of the syqt assets and intellectual properties. The world economic crisis didn't help the news one bit. IOM had felt this would give them a little pop up just before earnings announcement.

I told Tyler, "You can't let us down!!! We have lots of January options!!!" He chuckled. He said he did his best.

Purchasing the assets saved them a couple of bucks down the road for their new plant. When the deal is finished with SYQT, IOM will receive royalties from any more drives that SYQT sells, but will not have to service their clients as far as the drives go. Maybe new client data base???

I did ask Tyler if he had seen Lipos Clik! pictures. He said the management had been pulling the site up everywhere and complimenting him. That was nice to hear that our Lipo is well known.

I told Tyler if I can't get any news out of him today, I will be forced to start a rumor about double earnings!!! .10 -.12 cents a share rather than .05 cents!!!

OH well, need to run...will type more later.

Annette :)

______________________________

Regards - Dale
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