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

To: Rocky Reid who wrote (56099)	6/14/1998 2:08:00 PM
From: Frank Griffin	Read Replies (2) \| Respond to of 58324

AMC (American Motors Corp.) was bought out by Chrysler. AMC had the original Jeep. A really good move for Chrysler and not bad for AMC shareholders. I have read a lot of your input and was thinking; Nearly all if not all of the positions (stocks) you have touted have been losers for you and other investors. The ones you (SEEK) have shorted have gone against you. It is certainly good to hear your thoughts but I believe you should issue a disclaimer as to your judgement and prior track record on the stocks you have chosen. Your record should serve all people who read your input to let the reader beware the value of your judgement. Best wishes. Frank

To: Rocky Reid who wrote (56099)	6/14/1998 2:31:00 PM
From: Jock Hutchinson	Read Replies (1) \| Respond to of 58324

... the weak Yen is perhaps the strongest currency in Asia right now. No the dollar is the strongest currency in Asia right now. As a side note, would anybody on this thread care to guess what percentage of the physical US currency circulates overseas as opposed to circulates in the US? The answer is astonishing. 85% of all US currency is abroad. My mother-in-law in a small town in Poland goes grocery shopping with dollars from Chicago. The yen doesen't hack it yet in Poland's 7-11s. Do I remember AMC? Without a doubt. It was the smallest member of the big four--and then there was the big three when they sold out to Chrysler. Their last plant was in Kenosha Wisconsin, and their former CEO, George Romney was a serious candidate for the presidency in '68, until he came back from SEA and said he was "brainwashed". And before American there was Studebaker etc. Could IOM end up in the trash can? Sure, but the recent devaluation of the yen lessens that possibility rather than increases it, because Sony will seek to protect its established markets rather than expand. This is nearly pro forma business behavior during times of economic retraction as Japan is experiencing. For the same reason, the Playstation II will be set back--although not cancelled. Sony is making too much profit on the current Playstation I to cannibalize it with Playstation II.