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


To: Rocky Reid who wrote (49355)3/4/1998 10:38:00 PM
From: Dale Stempson  Read Replies (3) | Respond to of 58324
 
**OT** ain't very pretty

The latest from Briefing.com

...After Hours Trading Update: Intel has now dropped to 74 on Instinet. Other tech stocks are following suit; here's a list of current quotes with the NY close in parentheses: DELL 133 (138 7/8), IBM 99 (102 1/16), CPQ 28 (29 1/2), TXN 52 1/2 (55), MU 33 3/4 (35 5/8), MSFT 79 1/2 (82 5/16).

Also, (Reuters):

...The news also initially hammered key March Globex S&P 500 stock futures traded on GLOBEX. At 0244 GMT, S&P 500 March futures were down 11.90 points at 1,036.00.

Regards - Dale



To: Rocky Reid who wrote (49355)3/4/1998 10:49:00 PM
From: stock bull  Read Replies (1) | Respond to of 58324
 
<<The current Iomega leadership structure must be changed. It is my prediction that K. Edwards will no longer be CEO of Iomega within a year's time.>>

Rocky, you may have a point here. I was an investor in DEC, and Bob Palmer is the CEO. I think the following is true:

K. Edwards = B. Palmer

Therefore, the stock will only appreciate when both CEO's are gone. (This being true before CPQ bought DEC.)

Just my way of saying that I agree with your posting.

Stock Bull



To: Rocky Reid who wrote (49355)3/4/1998 10:55:00 PM
From: sheila rothstein  Read Replies (2) | Respond to of 58324
 
Rocky, I agree with you on this point, IOM needs a CEO who can communicate with shareholders and give them confidence to invest in the stock. I do not feel that KE fulfills that role. Perhaps he is a tech genius and IOM's products are superb but does the stock price show that?? Absolutely not! It's time for a shareholder revolution and Rocky if you are a shareholder I expect you to revolt. SR



To: Rocky Reid who wrote (49355)3/5/1998 12:41:00 PM
From: Spank  Respond to of 58324
 
fRock, "Spank (in a idiot savant manner) has hit upon the root of the problem"

Birds of a feather, eh?

(good thing your waiver on the savant requirement came through)

;)

-Spank