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


To: slipnsip who wrote (47366)2/9/1998 8:17:00 PM
From: Michael Coley  Read Replies (2) | Respond to of 58324
 
RE: Insurance to Cover Legal Expenses?

>> We do know that KE is a very conservative guy which would lead him along this insurance path.. <<

If he's truly conservative, he would know that insurance (except with high deductibles and high limits to cover the catestrophic possibilities) is usually a waste of money.

Also, legal expenses contributed to the rise in Q4 SG&A.

It's just wishful thinking.

Actually, if they do as good of a job settling this one as they did the previous class action lawsuits, I won't complain. From what I understand, the "winners" in the class action lawsuit received $3 coupons to be used towards Iomega purchases.

- Michael Coley
- wwol.com