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: Brendan2012 who wrote (48337)2/20/1998 1:17:00 PM
From: Rocky Reid  Read Replies (5) | Respond to of 58324
 
Re: Lawsuits

>>So what merit do you think these suits have? I see none...<<

I venture to guess that the problem arises that Iomega management chose to sell a great number of their personal shares at a time when the price was high and they certainly knew they would not deliver Jaz2 and Buz at the advertised times. This is the basis of the lawsuits.

-the ol' Pump n' Dump.