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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Wayne Lian who wrote (45102)	1/24/1998 5:21:00 PM
From: John P. Henrie	Respond to of 58324

RE: Recent posts... This board is much like business. It has all of the sudden forgotten all of Iomanic bears past posts. They have been declaring doom since it all began. This last quarter was a disapointment and now the board is saying they were right "all along". They only people that keep there jobs and be just as right as the bears are weather persons and fortune tellers. This situation reminds me of the women who called the crash in 1987 (except she wasn't calling the crash for over two years). What was here record before and after. Not so good. I believe the judge is still out. The game is, by far, not over. So no kudos from me, their percentage of being right is not close to .500 (not even .200). Finally, I see some definite issues that need to be addressed by IOM management. IOM's ability to meet commitments (e.g., new products). I thought KE learned something at GE. Control spending. The SGA expense was inexcusable. Look back to what made IOM so great when it grew from $120 million to over a billion dollars. They did it with less money. Time will tell. John