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

To: kjude who wrote (37090)	11/23/1997 4:19:00 PM
From: Stacy J. Matter	Read Replies (1) \| Respond to of 58324

Wow!! Everyone sure spooks pretty easily around here. Look, I'm sure Darrell doesnt have any info that the rest of don't have. I have an inkling that Fidelity, Soros, ect probably have better sources of info than we do. The Nomai situation is nothing new. Funds have been adding IOM. Go take a peek at Dale Velk's site to ease your fears. Looks like institutional ownership is growing. I would venture a guess that Fidelity and folks know the Nomai situation, and if we can take their actions of 3Q purchases as a barometer, they don't seem overly frightened by the situation. IOM has been behaving really well as of late. It is in a strong upward trend and is garnering more and more support as they go along. Is Nomai a threat? Maybe, but I'm not overly concerned. Just look at IOM disk sales compared to Sony, Fuji and Maxell. According to the company(this was stated in a prior CC I believe) IOM branded disks have been doing very well in relation to the other "branded' disks, even though the others have a price advantage. IOM is in a commanding market position. Nomai is a bush league player compared to IOM. The game they play is one of trying to strong arm companies out of their proprietary property IMO. It may have worked against SYQT, but IOM isnt SYQT. I'm not trying to berate Darrell, but my money is going where the big money is going. And at this time $$ are flowing into IOM. I've owned this stock for better than 2 years and will not sell now because of a tiny little french company that can only survive by stealing the ideas of others. Just my 2cents.

To: kjude who wrote (37090)	11/23/1997 4:50:00 PM
From: Richard Smith	Read Replies (1) \| Respond to of 58324

"On November 6, 1997, the Presidents of the District Courts of Albi and Avranches, France, authorized seizures, on the premises of Nomai in Avranches and on the premises of a Nomai affiliate in Albi, of materials relating to Nomai's stated intention to introduce a disk product compatible with the Company's Jaz drives. These seizures were carried out on November 7, 1997. On the premises of Nomai in Avranches, numerous documents, and a single nonworking specimen or prototype Nomai cartridge labeled as being compatible with Iomega Jaz drives, were seized. On November 12, 1997, the Company served a complaint on Nomai in France alleging copyright, design, trademark and patent infringement, parasitism and unfair competition, and seeking injunctive relief as well as damages."