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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?


To: Mauricio Valarezo who wrote (3645)11/9/1998 10:19:00 AM
From: Rocky Reid  Read Replies (2) | Respond to of 10072
 
RE: IOM may buy SYQUEST...

They just might. After all, Iomega has a history of buying out money-losing, debt-ridden companies. Companies like Nomai.

It's a perfect arrangement. Iomega, a company with no earnings, massive debt, and declining revenues, who sells its products at a loss, buys out another troubled outfit. No business philosophy change is required.