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To: Frank Drumond who wrote (4517)	10/22/1997 7:49:00 AM
From: Mary Cluney	Read Replies (4) \| Respond to of 7685

Frank, >>>A CEO certainly can plot a course but there are a large number of people that are required to execute any product vision.<<< Thank you for enlightening us with your statement of the obvious. Perhaps you came into the middle of this converstation and didn't understand what the debate is about. We are trying to determine what a CEO gets credit or blame for on his watch. IMO the CEO gets full credit or blame for everything that occurs on his watch. However, there may be some actions that were started before he takes over that he can not get full credit or take full blame for. There are revisionist Iomegan historians who wants to give full credit to its CEO Kim Edwards for the development of the Zip and Jaz Drives that he inherited from a previous administration and to blame the previous adminstration for everything that went wrong (including the shortfall in European sales through January of 1997 and the misplaced inventory in the 3Q of 1996 that caused Iomega to almost miss its numbers). The discussion is about assessing the true genius of Kim Edwards and what Iomega fortunes are going forward. For that, IMO, the jury is still out. Mary Cluney