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Non-Tech : Any info about Iomega (IOM)?
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To: Jim Munroe who wrote (17025)2/24/1997 4:28:00 PM
From: Joel Sternberg   of 58324
 
>This sounds like they anticipate a stock runup sometime later this year and would then split the stock,
probably 2:1. Given what they know about the status of the laptop Zip and n.hand--and nobody else
knows--this is a bullish indicator. If I remember the last splits, IOM split when it was in the 40's. The
number of authorized shares has to be increased before they could split and once the new shares are
authorized, Kim Edwards and the Board can announce a split whenever (and if ever) it is warranted.

Jim Munroe<

I have tried to stay away from this issue, since such things are usually meaningless, but it is tough to lay off this comment. Still, I'll see if the bulls can deal with this one fairly. This is a great example of how something that originally gets construed as bearish (incorrectly, IMO) inevitably gets spun as bullish.
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