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


To: sheila rothstein who wrote (50054)3/15/1998 11:23:00 AM
From: BeachBum  Read Replies (2) | Respond to of 58324
 
S.R. Just using your last post. I read somewhere Thursday or Friday where someone posted links to the law firms suing IOM and suggested we all email them as to make them spend money FedeXing the paperwork. I kinda like this idea and I would do it if the person who posted it would repost it. As far as IOM management and splitting/dumping shares
I think most people forget when the split was announced the stock had momentum and there were a couple of new products I truly believe management thought would ship on time and add to earnings. The fact they stopped them at the last minute because they felt there may be quality issues to me bodes well for the decision management made, alot of other companies would have shipped anyway. Besides without the split doesn't anyone believe the stock still might have fell by the same percentage ? Instead of being in the $8/9 range it might have been in the $16/18 range, whats the difference ?

But as I mentioned before I don't play options because I feel they're dangerous if like me you don't feel you know enough to make money on them because you can sure lose it fast. I'm not overweighted in IOM I'm overweighted in CPQ :-( AAAAHHHH ! But I think they'll come back just as IOM will if they maintain their business plan.

But what do I know ?
Bill



To: sheila rothstein who wrote (50054)3/15/1998 2:25:00 PM
From: Gottfried  Read Replies (1) | Respond to of 58324
 
Sheila, >Any suggestions how to get the institutional backing?<

Bribe Tom Kurlak? <ggg>

GM