SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: Cogito who wrote (45919)1/27/1998 10:37:00 PM
From: Gary Wisdom  Read Replies (2) | Respond to of 58324
 
Allen, re: I wasn't defending KE, I was slamming you.

Allen,

If that makes you feel better, go right on. I don't mind.

Nothing you could possibly say could make me feel worse at this point.

And, as for any legal action, I will henceforth keep that private since you (and some others) are not interested in hearing either 1) your legal redress options or 2) reality.

As Stillings told Reseller, if you bought after early 1996, we don't care about you. Over 90% of those that bought the stock since then have lost money. In fact, everyone that has held since then has lost money too as the price of the stock has come down from $27 to $8 in that time frame. (It's called the opportunity cost of money)

Again, if the company was not growing, I could understand this. But it is growing. The only people that have bought that have made money at this point are the Iomega insiders that sold in November. And, of course, the traders. If you bought before May 1996, you have lost money for the past 20 months or so holding this stock.

Doesn't that make you just a little angry?