Any info about Iomega (IOM)? Message Board

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

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To: Fred Fahmy who wrote (45315)	1/24/1998 11:27:00 AM
From: Vaughn	Read Replies (1) of 58324

>WS's irrational reaction to a spectacular year to year and sequential performance< Fred, I don't think the reactions are irrational and KE and company could have done a better job protecting shareholder equity. Going into this announcement there were and still are many uncertainties about IOM's current and future products. No big deal, when you're blazing new trails, there are always a lot of uncertainties. Two key things that I, and I suspect a lot of IOM investors, was OK with were that there probably would not be a negative earnings surprise and that ZIP demand was not in serious jeoprody. The announcement ripped this foundation of confidence out from under the stock price. Now what do we have, uncertainties about every product, a huge unexpected expenditure in 1998, and less confidence about getting timely information from the companies management. WS reaction is very understandable. As I stated in an earlier message, I still like IOM's future, but I'm not real happy that management didn't do a better job of communicating with the investment community. Like it or not, this is an important part of their job.

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