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

To: Rocky Reid who wrote (45849)	1/27/1998 2:57:00 PM
From: Spank	Respond to of 58324

Rocky, whaddaya mean faint of heart? Didn't you get the word about our 3:2 split? -Spank

To: Rocky Reid who wrote (45849)	1/27/1998 7:43:00 PM
From: Steve Wiz	Read Replies (4) \| Respond to of 58324

Rock/All Since your the resident bear on the board I thought you would appreciate this. I recieved the documents on the class action lawsuit against IOM on the rebate programs. Of interest is the possible settlement. All participants that bought a Zip or disks between October 31, 96 and April 30, 1997-6 months will have the right but not the obligation to receive a Gift certificate for $3.00 a piece. Also, IOM will be liable to pick up the tab for shipping and handling for any purchases of Zip or Zip disk. IOM will also be liable for attorney fees of $213,000 and expenses of $10,000. Seth R Lesser Esq Bernstein Litowitz Berger & Grossman 1285 Avenue of the Americas New York, New York 10019 During the 6 month time span maybe 2-4 million Zips. 15-60 million Zip disks maybe. At $3.00 apiece this could add up fast. Anyways I would also like to remind the participants on the board that the Nomai court case will take place this week as well. Steve Fo