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

To: sheila rothstein who wrote (56785)	6/23/1998 10:39:00 PM
From: robert read	Read Replies (2) \| Respond to of 58324

I see that PC mall, an internet retailer, advertises the zip quiet a bit on yahoo. it shows a nice picture of a zip drive once in a while.

To: sheila rothstein who wrote (56785)	6/23/1998 11:04:00 PM
From: Frank Griffin	Respond to of 58324

Sheila, I think Rocky enjoys "getting our goat" and playing with us. Most of his arguments are loose with the facts and in his debating society he will always slant the argument to make Iomega look bad. There is no question IOM has been a challenge. However, it's products and position certainly have merit. I certainly believe something will happen that will enhance shareholder equity. It could be a buyout. Or, just simply having the drive become the standard. I wouldn't pay much attention to Rocky. He probably hasn't even invested much if any money. He just enjoys being the devils advocate. I usually don't read his posts because they really offer no new news. Also, they are not factual. IOM could announce earnings of .50 this quarter and he would develop a negative spin on that fact. So, reality is that we are in some trouble but we have an excellent product and hopefully, steps are being taken to become more profitable while doing more OEM work. And, that should equate in to ever more disk sales. Best wishes, Frank