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Non-Tech : Any info about Iomega (IOM)?
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To: sheila rothstein who wrote (47153)2/7/1998 11:06:00 PM
From: eric sahlin  Read Replies (3) of 58324
 
Sheila R,

You should be entitled to your opinion of course, but if your not happy with KE then maybe you should sell and forget about bashing him over one conference call. If you would have followed and invested in the company in 1995 maybe you would have a little more respect for KE. This company has grown faster than Microsoft, and that is not a small accomplishment considering that IO actually makes a mechanical device. Software is but a "knowledge" product, fairly easy to produce compared to a small mechanical/electrical device designed to very close tolerances. For the short term investors like yourself and most of the "Street" (too bad your losing money) you want quick short term gains; and as you might have guessed KE couldn't give a rip about the short term. He has a long term vision and is dedicated and doing everything he thinks possible to achieve his goals of getting into the majority of the boxes. If you don't agree with his strategy..then sell like the rest of Wall Street. It is not easy to lead a fast growing company that actually manufactures something; there will be production and warranty problems along the way. My guess as to why you and the other KE bashers stick around is that you are afraid KE will pull it off and his vision will be reality. Before you enlighten us to as how well you have led a 1.7 billion dollar company, maybe you should start looking for another stock to follow. KE has done an incredible job: if you didn't think so then why did you buy the stock in the first place?
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