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Non-Tech : Iomega Thread without Iomega
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To: HardMoney who wrote (7196)2/10/1999 12:01:00 AM
From: Linda Pearson  Read Replies (1) of 10072
 
Frank,

<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? >

This is what is expected of any company that goes through restructuring to rebuild itself.

I'm sure that this is on all the long investor's minds at this point. For some reason, there are those around here who discount the mentality of the people who own IOM stock. Not all stocks JUST go up. Even the best companies can get flies in their ointment.

Additional disjointed thoughts:

Some companies have potential, and the stock is held for that purpose. Not necessarily for tomorrow, or next month....or next year.
We are all micromanaging here, and that can be brutal.

I have to make an assumption that the people in Roy are not just taking coffee breaks all day. I am also assuming that there will be a new product or products from Iomega within our lifetimes.

Everyone can decide whether they want to buy, sell or short IOM. Every action can be justified by the doer.

What was the question?

Linda

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