To: sheila rothstein who wrote (45337 ) 1/24/1998 6:08:00 PM From: Chucky Read Replies (1) | Respond to of 58324
To all, I'm wondering if everyone has thought about what they say they want from KE. After all, everyone has blasted the Dr.--including myself--for pacifying the investors of this thread by making guarantees that he can't make. What can KE say? Can he guarantee that IOM will meet earnings estimates over the next year? He attempted to point out the record sales, revenues, and the increased margin. He revealed their plan to increase awareness and hopefully sales in the future. Excuses such as Asia don't seem to pacify investors, but instead raises flags. He has laid out their plan; those that determine or guess whether it will work or not will make money. There are plenty of other companies out there that can offer wonderful press releases, with the cheerleader CEO, but have yet to make money--IMAT, etc. "I could be the best DR. in the world but if I came across to my patients as pessimistic and did not instill confidence in them I'd fail as a professional." But I couldn't lie to them about the seriousness or instill false hopes to they and their families; I would fail as a human. (Has anyone seen the movie "The Doctor"). If anything, I would want my physiscian to be skillful and just truthful. "A successful tech CEO must understand the technology, the competition, the business climate as well as the INVESTORS." As an investor, I'd like to hear the present state of the company, their plan, and then come up with my own conclusion. There should be some reward for making the correct decision--of course I like to hear other opinions when forming those decisions. Would anyone have felt better if IOM had said a month ago that they might fall short of estimates--not that they would or could even guide estimates down .01. There are plenty of companies out there that don't spew out press releases, present good numbers, and just flat out make money (for the company, and therefore the investors)--see MXIMquote.yahoo.com I believe I can count the press releases over the past year on both hands--not that I have to use my fingers but sometimes it makes things easier. Later Chucky