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

To: Jock Hutchinson who wrote (56339)	6/18/1998 10:49:00 AM
From: John Lacelle	Read Replies (1) \| Respond to of 58324

Jock, Easy man, easy. First, I think if you check a quote via YAHOO! you will find that they now carry insider sales info (thank you YAHOO!!!). If I read the data right, first of all, KE got rich from stock option packages, not from manipulation. I hardly think the guy needed to pump and dump with all the options he already had. Second, if you really want someone to blame, take it out on the marketing department that had some poor planning going on at the end of the year. Add that to some of the brutal hedgefund managers that saw blood in the water, shorted the stock, spread rumors, and caused the major selloff we saw back in January, and you have the situation we have now. I think the solution is clear, become the standard data storage solution, and sell a billion disks. The company will become a 10 billion dollar company if they can pull this off. If they don't, we will see a nice price slide ending with IOM bankruptcy sometime before 2010. Ciao, -John