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Non-Tech : Iomega Thread without Iomega

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To: Cogito who wrote (7183)2/9/1999 11:37:00 PM
From: HardMoney  Read Replies (1) of 10072
 
>>>>>I think if we had any real news to talk about we wouldn't be spending so much time trying to rename someone. I don't know the answers to 1 through 4.

I can sure answer question #5, though. Based on my experience, this stock is perfectly capable of going either up or down from here.

- Allen<<<<<<<<<<<<<<<<<<<<<

Allen, in some ways its is exactly what worries me. Mind you I am not despondent over the price I still have a profit........what bothers me though is stuff like this:

IBM Music Download Tech. Announcement: IOM not mentioned or involved.

National Celluar Tech Conference: No Smart Phone with a Clik...not even a demo.....not even a letter of Intent!!!:)

At least IOM has a booth at the Digital Photography Convention in Vegas.......hopefully we'll get some news....not so the stock can move a little ..........so that we can see some progress in Clik!, something IOM invested a lot of money.....it's all about ROI with new products........I will be dissappointed if we don't at least get a "Letter of Intent":) for internal clik!.

BTW the "Letter of Intent" stuff is crap to me....I want to see signed agreements and demos.

Sorry if I'm being hard on IOM here, I have always believed in the company. But I also believe that these first 6 months of Glore's tenure need to bring about massive changes in structure and strategy, entry into new markets for all products, and increased earnings. The initial momentum, even within the company in terms of morale must not diminish. IOM is capable of huge things IMHO, the question to me right now is, does management team arrive there?

If we see little news (which BTW I do not believe) before Q1 Earnings and CC, without a big upside surprise 4-5 cents, then I will have to begin to re-evaluate this new management team. That doesn't neccessarily mean I will sell, however.

Mr. Glore, be bold, be swift, be decisive.......

......we have a 1/2 a quarter left.....

We must see progress ......

Frank
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