Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Naggrachi who wrote (47365)	2/9/1998 8:44:00 PM
From: FuzzFace	Read Replies (2) \| Respond to of 58324

<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.> Agreed. What a waste. What irritates me about the suit is the implied assumption that we are not capable of assuming investment risk. I may not have enjoyed the stock drop, but the fault for my account going down was all mine. Not KE's. If there was fraud, then that's one thing. But to depict IOM's technical misfortunes as fraud is ludicrous. For starters, any idiot can see IOM hurt Jaz-1 sales more than Syquest's with that Jaz-2 announcement. To all lawyers, I got news: stocks go up; stocks go down. On the bright side (for me), with any luck, I should be able to get back in IOM at around 8 and change later this week, or early next.