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

To: Tom Carroll who wrote (43712)	1/17/1998 1:07:00 AM
From: Reseller	Read Replies (2) \| Respond to of 58324

Question, Anyone ?? This answer for a stock spit doesn't sound right How would a stock split have anything to do with stock options ? There were some 120+ mil shares outstanding couldn't have been due to a stock shortage. An option can have whatever starting price that a company want's to have on it. Options could have been offered starting at less than the market. Could this be just an short term excuse to split the stock ? Does anyone have a feel for the number of disks that are being sold last quarter , this quarter , for the year 1998 ? I'm pleasantly surprised to see such a low volume of trading given the doubling of shares. There sure aren't a lot of people willing to part with their shares at these prices. Reseller

To: Tom Carroll who wrote (43712)	1/17/1998 2:58:00 AM
From: Rocky Reid	Read Replies (1) \| Respond to of 58324

>In the latest conference call, KE said the split was to permit the continuation of stock options incentives that would attract top talent.<< This is what makes no sense. Does Iomega management think that their employees are idiots by thinking they are getting twice as much money by offering them 2000 shares @ $12/share instead of 1000 shares @ $24/share? It just doesn't make sense. This split was a catastrophically bad decision. It took any momentum upward away.