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Non-Tech : Any info about Iomega (IOM)?
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To: Gary Wisdom who wrote (46136)1/29/1998 12:34:00 AM
From: Fred Fahmy  Read Replies (5) of 58324
 
To Gary and other KE critics,

Here are some more FACTS.

KE rebuilt Iomega from the ground up
and has delivered these amazing
financial results over the past 4 years:

Rev (M$) Net Inc (M$) EPS
1997 1740 115 .42
1996 1213 57 .21
1995 326 9 .03
1994 141 -2 .00

Look at these numbers and tell me KE hasn't
delivered. Do you realize how dramatic these
numbers are?? Can you find any similar
numbers anywhere else??

KE's job is to deliver the numbers. Blaming
him because WS is not rewarding this performance
is ridiculous. You keep forgetting that he, more,
than anyone else, gets hurt when the stock gets
hit. I'm sure he is extremely fustrated in light
of these extrodinary accomplishments.

I wonder how many KE critics are capable of
turning a $100 million business into a nearly $2
billion dollar compnay in 4 years.

I guess everyone has there own opinion. IOM, KE
has delivered on the strategy he outlined
several years ago. Many people here are crying
because of WS's reaction and are blaming KE for
their problems....and I think it's pathetic.

Look at the numbers above and think about what you
are saying. Get pissed at the analysts and WS not
KE or Iomega.

DISCLAIMER: Past results are not a guarantee of
future returns, but in this case KE has an
excellent track record and all is going according
to plan.

FF
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