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

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To: Trakker who wrote (16765)2/18/1997 6:01:00 PM
From: John P. Henrie   of 58324
 
Todd,

Neither Joel nor his firm know much about IOM. What they see is a technically weak stock price. His posts,in large part, appear to be just for the fun of it -- he likes to get people going.

As far as what Joel has said about IOM in the past, here are some topics of his more recent posts --

IOM losing money on every drive it sells.

IOM is using fradulent accounting practices to cover up the real effect of rebate.

IOM supporting stock price so senior management can sell.

As you can see, he hasn't had much to offer.

Later,

John
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