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

To: Cogito who wrote (46521)	2/1/1998 12:38:00 PM
From: FBarron	Read Replies (1) \| Respond to of 58324

<<<KE did say in the CC that not shipping Jaz2, DittoMax Pro, and Buz during the second quarter was the main reason revenues were light.>>> I think you meant fourth quarter here, but, where's the problem, you ask? The problems are that mainly, my dollars are fewer these days :) I guess after you dig around to defend (and similarly enable yourself to fend off a shareholder lawsuit) with the type of info you cite, I point to the situation where this " Asian excuse" was plopped out there, front and center, as one of those 2 second- Wall Street- sound- byte excuses. Well, when you actually equate that sound byte to the facts, you find conflicting information (or impression) was given (88% quarterly revenue gains, year over year). This could give credence to the succesfull use of targeting. Generally, when things are left untold (as necessary for competitive reasons), interpretation can play for/against the real truth. The real problem, as noted by many, is how the story was communicated. That doesn't help much when you see you net worth decline overnight by the equivalent of a year's salary (I don't make much as an electrician). But, it also doesn't dampen the belief that, despite KE's inability to communicate the outlook, the outlook is still bright, IMO. Hey, with no guidance, the analysts probably didn't have much figured into the earnings based on KE's stated "intent" to target Asia. I don't recall any quantified intent, anyway. I've read statements from some of the analysts that allude to the situation where they don't "figure in" any revs on their estimates until they see delivery into the marketplace. You might equate that to KE's intent to "target", too. The biggie is that despite KE's unwillingness to play Wall Street's game with his company, our stock value is subjected to Wall Street's abuse.