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


To: Dwight Griffin who wrote (38282)12/3/1997 9:48:00 AM
From: Spank  Read Replies (1) | Respond to of 58324
 
Dwight, we're all getting a 100% stock dividend for Xmas...

-Spank



To: Dwight Griffin who wrote (38282)12/3/1997 1:29:00 PM
From: Lurker  Respond to of 58324
 
Gary: I hope this dividend rumor you're starting is wrong. I would think that at this
stage of their growth, Iomega has much better use of it's money (R&D, New Plants
& Equipment, etc.) than giving it away as dividends. I would be surprised if KE
would sacrifice long term growth in order to start giving dividends. IMO of course.

---------------------------------------------------------------

A 2:1 stock split is considered a 100% dividend. That is what he may have been talking about.

I want to thank the people who sold today so that I could buy cheaply.

Mike

P.S. Thanks, Gary, for the tip on the 2/25's. My portfolio isn't big enough to actually buy the stock. These options, being so far in the money and so far out, are almost like owning the stock. (Not to mention profitable) As a return favor, have you checked out the RAIN 2/30's? Similiar situation - young company, driven by next years earnings, lots of first hand reports of the product on the SI board, very low time premium for that particular option, and good technical analysis (upward trend line, currently with a symmetrical triangle).