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

To: Cogito who wrote (47756)	2/13/1998 10:30:00 AM
From: Dale Stempson	Read Replies (1) \| Respond to of 58324

Allen, while I'm pleased we're only down slightly this morning, I have to wonder what will happen when the news becomes more widespread. I think there are quite a few shareholders who have not yet heard about this court ruling. I expect than when Iomega is formally notified of the court decision, they will have to issue a press release like they did with the European court rulings. When the news hits Business Wire, we'll probably see a more significant reaction. Then we will also have to wait for the 2/27 court decision in order to know approximately where we stand. Even though I believe that Iomega has the ability to limit the impact of Nomai's potential sales in a number of ways, I'm not certain the average IOM investor will be willing to wait and see. I hope some of the Nomai issue is already priced into the stock, but if it is not, we could still take a pretty good hit. It looks like we'll continue on a bumpy road this quarter. I think it's time to do a little trading on the side. Regards - Dale

To: Cogito who wrote (47756)	2/13/1998 10:37:00 AM
From: sheila rothstein	Read Replies (3) \| Respond to of 58324

Hi Allen, Not being a short term thinker or a knee "jerk" reactor i.e. Rockhead, I'm looking ahead. 1. new product releases, Jaz 2, Buzz, Clik in the 3rd or 4th Q, and 2)further litigation with Nomai regarding Patent Infringement (much more important than the minor win that Nomai had yesterday.) Litigation goes on for years, what with appeals etc. and there's no telling what IOM will do to stop Nomai in its tracks (altering Zip drives to be incompatible with their discs etc.) Although we may not see a stock price rise today, the 6mo. to 1 yr. outlook looks good. I'm cautiously optimistic. In addition SYQT may have problems competing with the new Jaz prices and may be running out of $$, who knows they may go bankrupt? It will be interesting to know the outcome of the Goldman Sachs conference. Everyone give your mate a Zip for Valentine's Day.SR