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

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To: Gary Wisdom who wrote (45403)1/24/1998 6:15:00 PM
From: jwk  Read Replies (2) of 58324
 
>> There is no doubt KE did a horrible job at the CC <<

GW - As someone who gave KE a lot of credit going into the CC....... and who also stressed the importance of comments in the CC over the numbers, I'm with you on your assessment of it.

>> You people that worship KE need to learn a little more about business. The job of the CEO is to both run the company and maximize shareholder value. <<

Replace *worship* with *respect*, and I'm with you on this, too. It is one thing to take and maintain a position of not sacrificing a strong, long term business foundation for short term stock price support , but it is quite another to mishandle the CC the way KE did. While I don't use options or margins myself, I see no reason why investors who do were hung out to dry (at best) by the tone and nature of the comments. You can tell it like it is without telling it like he did. Unacceptable.

At this point, my hope is that the ad campaign - coupled with strategic price reductions - makes our current feelings on this topic a moot point in the near future.

Long and longing........jwk
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