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: Ron Flanigan who wrote (48375)2/20/1998 4:09:00 PM
From: Michael M  Read Replies (3) | Respond to of 58324
 
Ron, nothing personal but, IMO, nothing in this country needs fundamental and sweeping reform more than the legal system. The individual (consumer) has literally no direct access to the system and few can afford to spend $200 an hour+ to solve a problem.

And, if you're offended by hockey player contracts, quit going to the games for God's sake. I can't tell how good I've felt since swearing off buying anything Nike makes (including returning gifts made by Nike).

Also, re "lace" and "shanty," you ought to be proud to be any kind of Irishman! :-)



To: Ron Flanigan who wrote (48375)2/20/1998 4:41:00 PM
From: Philip J. Davis  Read Replies (2) | Respond to of 58324
 
Ron,

>>When a hockey player gets 36 Million and a lunch bucket
worker gets $25,000 there is something wrong with that
scenario.<<

Our political views are obviously very different. In my view, a hockey player gets 36 million because he can and the "market" deems it a fair price. A hockey player's skills are available to the highest bidder. As well they should be.

In any case, how would you solve this monetary inequity? Even more progressive tax rates? Confiscation? Legislating maximum allowable pay? How about personal responsibility?

The story of inequity is as old as civilization itself.

As history has clearly shown, communism was a stark failure, for all its proletarian equality. All that was shared equally was poverty. Communism gives an individual no incentive to produce efficiently.

Open and free markets, where individuals are free to market their skills to the highest bidder are the bounty of our economic system.

Egalitarianism only goes so far. It explains inequity by attributing it to "social injustice", rather than personal failure, ineptitude and sloth.

Philip



To: Ron Flanigan who wrote (48375)2/20/1998 4:54:00 PM
From: Alan Rosen  Read Replies (2) | Respond to of 58324
 
Ron,

You're too defensive, its not just about lawyers, they are only one part of the problem.

We live in an age where people want to believe that there should be no risk in life and sh!t never happens. Well life often doesn't work that way. But lawyers, among others, help perpetuate those attitudes. It is just too hard for people to take responsibility for their actions or accept that sometimes bad things happen in life...there isn't always a place to easily direct the blame.

Stocks, have always been a risky proposition and tech stocks are even risker. There have been plenty of stocks that have loss more than 30% of their value in a matter of days for no apparent good reason. People make money and people lose money when this happens, you just hope that you make more than you lose over the course of time.

Those here that want to blame someone for their losses should be looking beyond just IOM. Look at the "street" and the other insiders, look at the conventional and electronic media, look at the traders and stock professionals, look at competitor's FUD, look at SI and Motley Fool. Who's to blame for your loses? Take your pick, or maybe you don't have to look too far.

I don't like class action suits and I don't like the lawyers who bring them, but they are occasionally necessary, if for no other reason than to keep the markets from completely going astray. It is clear that it is "happy hunting season" again, may some of these suits actually have some merit, time will tell...but don't count on being made whole again, it isn't going to happen.

Better things ahead.

archcc



To: Ron Flanigan who wrote (48375)2/20/1998 6:17:00 PM
From: Brendan2012  Read Replies (1) | Respond to of 58324
 
Hey, you're the one who said this:

>>What I find on this IOM board is an almost blind allegiance (the obligation of a feudal vassal to his liege lord) to IOMEGA.<<

Haven't we heard this kind of crap enough?

Brendan



To: Ron Flanigan who wrote (48375)2/20/1998 8:45:00 PM
From: BBG  Read Replies (1) | Respond to of 58324
 
>>>When a hockey player gets 36 Million and a lunch bucket
worker gets $25,000 there is something wrong with that
scenario.<<<

Ron...

Statements like the above just blow me away... Are you really that naive? Sounds like the liberal, socialist garbage of the 70's... everybody is "OWED" a good comfortable living... You invest in a risky stock and lose money... "Oh, how unfair..." It must be a conspiracy... GARBAGE... That "poor" lunch bucket worker is probably where he is because he felt, like you, that he was owed a good life and didn't put in the effort to get a good education and work his ass off to make something out of his life... Now he's sitting there eating his BALONEY sandwich blaming the system, his parents, anyone but himself for his plight... Grow up and take responsibility...

JD