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Technology Stocks : Apple Inc.

AAPL 277.96

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3:59 PM EST

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To: L.Gardner who wrote (10070)	3/25/1998 4:00:00 PM
From: Dylan	Read Replies (1) of 213173

Has anyone read about the IOM CEO resignation? The Motley Fool says this: Nevertheless, Kim Edwards shouldn't be sent off with a bunch of second-guessing at his back, which might have been the case within the boardroom at Iomega. The guy did turn a nowhere storage company into a huge success. Despite the bubble in the company's stock price in Q2 1996, the company's stock has appreciated at a 173% annual rate since the beginning of the fourth quarter of 1994, when the whole Zip drive story started to come to life. A return to shareholders in the thousands of percentage points over a period of less than four years is an amazing accomplishment that all sorts of media whiners like to find fault with. Edwards came to the company when it was insignificant and left it as a major $1.7 billion player in the data storage products industry. Don't be surprised if you see Edwards pop up somewhere else, such as Apple Computer (Nasdaq: AAPL), in the next year. Full Article available at: fool.com -Dylan

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