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


To: Cogito who wrote (46188)1/29/1998 12:23:00 PM
From: Frederick Langford  Read Replies (1) | Respond to of 58324
 
<<Delivering the numbers is, fairly or not, only part of a CEO's job. Communicating the state of the business to the investment community is another very important duty.>>
Keep those cards and letters going to the company! They DO have a dual obligation, to their company and to their shareholders. This non guidence, no pre announcements, no buybacks, no decent PR, no defending their choices, there's alot to complain about. The squeaky wheel gets the oil.
Fred



To: Cogito who wrote (46188)1/29/1998 10:00:00 PM
From: Fred Fahmy  Respond to of 58324
 
Allen,

<Delivering the numbers is, fairly or not, only part of a CEO's job. Communicating the state of the business to the investment community is another very important duty.>

IMO, delivering earnings is 95% of the job. It is not his job to debate with analysts or hype the stock. IMO, the state of the business has been adequately communicated. Press releases between CC's have been plentiful.

IOM has generally beaten estimates and this quarter they missed by a couple cents. Big deal. This was not due to a lack of guidance. Even the most specific guidance cannot assure that analysts will never miss their projections by a few cents.

I think KE has been specific enough. Any more detail is just begging for lawsuits if they miss earnings. This is not in the interest of the stock holders.

I continue to contend that most people are pissed at KE for one reason.....and that is because WS over reacted to a slight shortfall. The frustration should be aimed at the analysts and WS not KE.

Just one man's opinion,

FF

P.S. I got my Olympus D600L today. Simply amazing and just a glimpse of what is coming in the way of digital photography.