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

To: Milo Klanke who wrote (45411)1/24/1998 6:34:00 PM
From: John Alan Wallace  Respond to of 58324
 
<<<Is it a bold undertaking? Yes. Is it necessary to take Iomega to the next level and eventually become a true standard? Yes. Does it entail a huge risk? Again yes. (and of course the market hates risk and requires a greater return to undertake it so the stock falls) Will it work?>>>

I agree, now my turn.

Did it have to be announced in the manner that it was? NO! Business wise could we have gotten to the same poit without trashing the stock holders? YES!
I have no problem taking pain in an investment when it is necessary for the long haul. IMO this was not necessary and I am still concerned that the low stock price might fit into someone's plan. We shall see.
JW



To: Milo Klanke who wrote (45411)1/24/1998 6:51:00 PM
From: jwk  Respond to of 58324
 
>> Don't accuse
him of "mismanaging" the conference call. He told it the way it was. <<

Milo -- I have a long posting history here of being a strong supporter of KE, his management style, and IOM's business / marketing plan. But, I still feel that he could have told it like it is without telling it like he did.

I am looking forward to the ad campaign's success to put this unpleasent episode behind us.

regards, jwk


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