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


To: BubbaFred who wrote (7960)3/5/1999 9:47:00 AM
From: Naggrachi  Read Replies (1) | Respond to of 10072
 
<<I have seen numerous companies with 60% to 80% domination of their niche market where the stocks totally collapsed, either slowly or quickly. During the decline, many asked: Why?, How can this be happening?, and other denials. >>

Care to name at least one company?

While the above can happen to a company with 80% domination when managment falls a sleep, the same can not be said 'bout IOM, no? These guys are not sitting around just because they dominate their market. The company continues to reinvent itself and all the moves in the senior level is a good case in point.

A two for one reverse split is what's badly needed here. Current managment has addressed all the mistakes of Kim Edwards, a reverse split would address this last mistake.

Zead