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

To: Mary Cluney who wrote (51210)	3/25/1998 5:20:00 PM
From: dale velkovitz	Respond to of 58324

IOM Sues SYQT of France according to an Syqt 8-K filed today: Infringement Lawsuit On March 3, 1998, Iomega Corporation ("Iomega") filed suit in France in the Paris Superior Court against Registrant, its French subsidiary, SyQuest Technology SARL ("SyQuest SARL") and a distributor of Registrant's products in France. The Lawsuit alleges that Registrant's SyJet 1.5 gigabyte cartridge infringes Iomega's design for its Jaz cartridge and Iomega European patent application nos. 956002B.4 and 96917128.9 relating, respectively, to an anti-rattle mechanism and a cartridge door. The complaint requests money damages and requests that the court enjoin Registrant from further infringement. Iomega has moved for summary judgment based on alleged infringement of cartridge design rights and a recently issued patent, seeking to block sales of certain of the Company's products in France. Registrant believes that neither it nor SyQuest SARL have infringed any valid patent claims or designs of Iomega and intends to vigorously defend against this action.

To: Mary Cluney who wrote (51210)	3/25/1998 5:47:00 PM
From: Sabrejet	Read Replies (1) \| Respond to of 58324

This is the end to a story that will be discussed for years in trading momentum stocks. I learned a great deal with regards to momentum "trading", market maker manipulation, playing earnings, splits and much more. It is unfortunate that some people here feel that the company and stock were one in the same when in reality they were separate entities. The stock was "used" for the longest time and until this last earnings shortfall, the company had remained profitable. Some will argue the fact that product transition or the lack of new products hurt this company and nothing else. True, there was what would be perceived a lack of earth shattering products such as the zip drive but the study still shows: the stock price and the company are two different factions. Best to all here. I made and lost money on IOMG and IOM and will always keep one eye on it just as a reminder of how tough this market really is. seczebra

To: Mary Cluney who wrote (51210)	3/25/1998 6:44:00 PM
From: Troy Shaw	Read Replies (1) \| Respond to of 58324

Mary Cluney, I grow tired of your repeated silliness. You are bordering on libel. Kim Edwards put together the team that created the Zip and Jaz concept. He is as responsible for those products as he is for Clik! The drives were conceived, designed, and shipped all while Kim was at the helm of Iomega. Yes, it was a fantastic achievement for Iomega to conceive of a product and bring it to market within such a short period (between Jan, 1994 [when Kim joined Iomega] and March, 1995 [when the Zip first shipped.]) And, your repeated attempts at belittling Kim's responsibility doesn't change that fact. If you want to continue to live in your own alternate fantasy world, go ahead, but you are dead wrong! <<Kim Edwards WAS and is a phoney. He drove a wedge between the old Iomega personnel who developed the Zip and Jaz drives and the phoney people he brought with him (i.e., Tim Hill et al). He took credit for something that he didn't do. He joined Iomega in early 1994 and even admitted that he didn't know what a disk drive was. The specs for the Zip Drives came out that same year and the product was on retail store shelves in early 1995. He tried to take full credit for this product and started to get rid of existing employees who were more responsible for developing the Zip and Jaz drives. >>