SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Blackmarlin who wrote (50239)3/16/1998 5:10:00 PM
From: Rocky Reid  Read Replies (1) of 58324
 
>>The real problem as I see it now is KE.<<

Well, KE did help engineer a dramatic growth explosion for awhile, but now the market is saturated, with no evidence of further expansion-- $100 Million Ad campaign or not. KE alluded to this problem in the last CC, but his comments went mostly unheeded by the bulls.

There is nothing KE can do about changing the market niche. It is what it is. However, KE does indeed suffer from Wall Street hatred. If he were to leave Iomega, would the stock appreciate? I don't really know. But I do know that the company cannot grow anymore, so there is a good chance that the stock is just plain dead from here on out, no matter if KE stays or goes. Iomega will continue to dominate the removable market. But this will not make the stock price go up.

I am warning you Iomaniacs again-- Vapor! will not save the day.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext