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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Jeffery E. Forrest who wrote (32989)	10/22/1997 1:31:00 PM
From: Rocky Reid	Read Replies (5) \| Respond to of 58324

A split is the last thing Iomega needs to do right now. In fact, splits are to blame for the debacle that IOM found itself in the past year and a half. When the stock price was racing upward with a PE of well over 200, it was irresposible for Iomega management to declare a split. This just induced even MORE speculation. The resulting run-up and crash made a lot of important enemies for IOM stock. Iomega is trying to build up credibility for it's stock. It would be a giant step backward to once again stoke the fires of Internet Hype.