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


To: Dale Stempson who wrote (47362)2/9/1998 8:11:00 PM
From: Naggrachi  Read Replies (2) | Respond to of 58324
 
<<While recent IOM losses have been painful to say the least, I think this lawsuit is a waste of time and in the end will only benefit the law firm.>>

In class action lawsuits, the client that they are representing, are the ones that get shafted. It's all about fees, other wise they wouldn't touch this case. Not that the case has any grounds to stand on.

<<In retrospect, Iomega's management might have done a better job of communicating certain information both before and during the CC. This does not justify taking the company to court (IMO).>>

Isn't funny, the managements own conservative nature has led to this BS.

What a waste of time and money. There wasn't a lawsuit when the stock dropped from $55 to $14, now, from $16 to 10 they file a lawsuite. I hope the judge has enough common sense to throw out the case.

FURIOUS!!!!!

Zead