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Non-Tech : Any info about Iomega (IOM)?

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To: Reseller who wrote (44776)1/23/1998 8:08:00 AM
From: Cogito  Read Replies (2) of 58324
 
>>A couple of comments on the new products that didn't ship.
I have a list of people ( some wanting to prepay ) waiting for Buz.
We also had people putting off Jaz purchases due to the Jaz II release.<<

Reseller -

As an investor, the number one thing I want to see from Iomega now is execution with respect to new products. I want to see Jaz2 on the shelves so we can see if it sells, and not in late February or March, either. I want to see Buz out there.

I didn't think KE was blaming anybody else for failure to get products out. I felt he was not only taking the blame squarely, but also making management moves to deal with the situation. That's great but stock prices don't move up on promises. We have to see results.

I'm still planning to hold through the Q2 report, because I am giving the company better than a 50/50 chance to continue its growth. Last week, I would have said better than 80/20.

- Allen
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