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Non-Tech : Any info about Iomega (IOM)?
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To: Les White who wrote (56335)6/18/1998 10:21:00 AM
From: Jock Hutchinson  Read Replies (1) of 58324
 
dogs without fleas?

Les: That's as silly as it gets, and you know it. When you have a company whose stock price tanked from 16 to 6 after the CEO made positive comments and then sold a large block of shares, you have an enormous problem--not a dog with a few fleas. Your comment reflects the attitude that KE had, and it still resonates throughout the corporate culture of IOM--a management which would not even divulge to the loyal IOM shareholders any kind of reasonable projected gross margin for this quarter or projected sales. Presumably this makes you a flea in the eyes of current IOM management Les.

Since you are in for the long term Les, perhaps you can enlighten me as to what further percentage of the removable storage market you expect Sony to capture. Currently, they have a much larger percentage of the removable storage market than IOM--which might just as well be termed the Johnny come lately as Sony, since Sony has been the market leader in removable storage since 1981.
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