Technology and the Internet
A.
May 28, 1988
Business
Blue-chip stocks marched to record highs for the third time this week as interest rates fell Thursday amid signs of a moderating economy that might keep inflation under control.
Oct. 18, 1996
The speculators ran riotous on Wall Street in the second quarter, but as with most riots, this one was put down rather quickly.
June 29, 1996
Despite all the teeth gnashing and general angst over the stock market’s slump of recent weeks, the cruel truth is that investors weren’t mugged by this.
July 17, 1996
Once as rare as AFC victories in the Super Bowl, high-tech ads in Sunday’s telecast were more abundant than Denver touchdowns, with manufacturers pitching everything from computer security software (Network Associates) to zip drives (Iomega).
Jan. 27, 1998
Iomega Corp. said Monday it will buy out rival Nomai of France for about $44 million, eliminating a potential threat to Iomega’s profitable computer disk business.
June 30, 1998
EMC Corp., the world’s largest maker of storage computers, said Tuesday that it had reached an agreement to buy Iomega Corp. for about $213 million in cash after raising its original bid by almost 20%.
April 9, 2008
Iomega Corp. said Wednesday that Chief Executive and President Kim Edwards has resigned, raising another hurdle for the struggling maker of high-capacity computer disk drives.
March 26, 1998
Stock Exchange gives readers a chance to listen in as staff writers James Peltz and Michael Hiltzik debate the merits of individual stocks and other investments.
Oct. 20, 1998
Iomega Corp. warned of a second-quarter loss due to continued weak sales of its Zip and Jaz disks and drives, and said it will cut 450 jobs, or nearly 10% of its work force, as part of a cost-cutting move.
June 19, 1999