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Non-Tech : Iomega Thread without Iomega
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To: Ben Antanaitis who wrote (623)7/19/1998 12:46:00 PM
From: sheila rothstein  Read Replies (2) of 10072
 
Hi Ben, Here's my synopsis of the last 2 weeks. I have read thru the pertinent posts and to me things look GOOD! The turn about has BEGUN; IOM's Wall Street friendly, there is excellent quality control, they have decreased the ad budget, disk competitor (Nomai) was purchased and they acquired Nomai's R&D, hired one of Sony's managers (Aoki), who's familiar with competing product HiFD and with Asian business, more OEM penetration, upcoming Clik! release and bundling it with digital camera and mobile computer, spending ad $$$$ in Asia where it's badly needed, improved cash flow over expected, cost cutting of 50M. If this is NOT a company working on a turn around then what is it ?????chopped liver. SR
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