SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: FuzzFace who wrote (50120)3/16/1998 10:41:00 PM
From: Reseller  Read Replies (1) | Respond to of 58324
 
Lynch says that just when you think that the price couldn't possibility go down more it will.
This situation is what Andy Grove would call a strategic inflection, a point in the life of a company when conditions require decisions by the company that will have a profound affect on it's state of well being. ( or something like that ).

IOM isn't the same company in my view today as it was yesterday. I bought some shares today @ 7.1/8, ( not a lot just some). I justified that purchase on my belief that the adoption of an advertising campaign will now be deemed as ill founded, the boys of Madison street have shown that sales are unable to support this advertising model, their advertising program isn't worth a s#%t

The business of the old IOM of being a marketing company to a storage company that has the possibility to own the next floppy drive will be reassessed and further focused.. K.E. can not stay the course, a leaner, meaner IOM that will pursue growth by using price points is the only option they have.
If they don't move in that direction fairly quickly I will be leaving, my patients is being tested.

It won't take but a few months to show what kind of leader we have running IOM.

Regards to all

Reseller
.