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Non-Tech : Iomega Thread without Iomega

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To: Reseller who wrote (6462)1/22/1999 2:48:00 AM
From: Philip J. Davis  Read Replies (1) of 10072
 
Reseller,

>>With all due respect why do you feel that the management
changes with Brisco and Forsyth leaving particularly
disappointing ?<<

I didn't in particular find the management changes disappointing - changes had to be made to streamline operations. However during the CC, it seem that at least one analyst was clearly disappointed with the Briscoe resignation.

Also, announcement of the resignations lent an ominous tone to Joe Kernen's brief encapsulation of IOM's earnings announcement.

To the extent that the resignations depress IOM stock price in the short term - I don't like it.

regards,

Lipo
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