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

To: Reseller who wrote (47168)	2/8/1998 5:36:00 AM
From: Robert Skinner	Respond to of 58324

A quick few thoughts. Sony What does this mean to Clik Legal battle in France. Will someone else start making Zip Disk's Earnings are up as are Revenews. Faster Net connections on the way = more storage needs (intc cpq msft 30* faster than a 56 k modom). Win 98 comming out, Has interner throughout, like MS internet Explorer 4.0 Are people tired of Iomega investing? What will a new product release really do to Iomegas stock Value and to it's earnings? On a Tec stock picking leval.. should Iomega see the low 9s or high 8s. Or is this just a rest stop on the way to 11. What will Options Exper. Do to IOM stock? These are the Questions i'm asking myself. Good luck to all.. I have no position in IOM. I would buy IOM at a cheeper price. If it runs up at this price ill let it go. Iomega has often ran up without me. Good luck to all.. Bob

To: Reseller who wrote (47168)	2/8/1998 7:37:00 PM
From: Cogito	Read Replies (3) \| Respond to of 58324

>>For those that are saying that K.E. is doing a great job growing a company in historic fashion , I would suggest that no one is in dispute of the facts. On the other hand he is also given credit for managing a poor return of stockholder investments for at least the last 19 months.<< Reseller - Certainly, building shareholder value is the primary responsibility of the CEO. And certainly, as of this moment, investors who have taken long positions in IOM within the last 22 months or so have nothing or less than nothing to show for it. To some people, all of this means that KE has done a lousy job of increasing shareholder value. My question is, over what period of time has he done a lousy job of it? Would anyone have said that he was not improving shareholder value in, say, October of '97? In November? Please do not misunderstand me. I am not trying to claim that Kim Edwards has made no mistakes. I'm just trying to get a handle on what people who are calling for Edward's head are thinking. I'm bringing up these points for the purposes of discussion. Did he do a lousy job of handling the last conference call? It's a matter of opinion, but I wouldn't contradict anyone who said he did. Did he split the stock at a really bad moment? No, he didn't. The Board of Directors did. The CEO does not have the authority to split the stock. Has he mismanaged the company's relationship with the financial community consistently since the beginning of his tenure? Or has he only started to do so recently? I would say that Iomega was starting to get more respect from The Street with each earnings report in '97. Clearly, much of that respect was lost the day of the Q4 report. I've said this before, but I think it's important to realize that one of the main reasons Iomega has not enjoyed the favor of the professional investment community is precisely because it has been hyped on the Motley Fool board and here on SI. That has given the company a pretty big handicap in the respect department. I must also say that since the Q4 conference call, I have been waiting to see some positive news releases from Roy. I'd like to see some evidence that the company does care about its shareholders. But I don't believe that simply issuing releases that hype the company would help the situation. That's why I think the attention of the CEO and the company in general should now be focussed solely on getting new products out the door, and otherwise executing the business plan effectively. And as soon as they have anything positive and real to report, they should hit the newswires with everything they've got. I certainly respect the right of any shareholder to call for the CEO's dismissal. Chances are good that such a move would give the stock a good short-term jolt. But I'm not sure it would necessarily be the best thing in the long run. Therefore I, for one, am still willing to give the guy a little more time. - Allen