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


To: stock bull who wrote (50298)3/16/1998 10:07:00 PM
From: Michael Coley  Read Replies (2) | Respond to of 58324
 
RE: Spears and Arrows.

>> for those that want to flame me, I welcome your spears and arrows. <<

No spears and arrows, but how about a joke?

The New CEO

A fellow had just been hired as the new CEO of a large high tech corporation. The CEO who was stepping down met with him privately and presented him with three numbered envelopes. "Open these if you run up against a problem you don't think you can solve," he said.

Well, things went along pretty smoothly, but six months later, sales took a downturn and he was really catching a lot of heat. About at his wits's end, he remembered the envelopes. He went to his drawer and took out the first envelope. The message read, "Blame your predecessor."

The new CEO called a press conference and tactfully laid the blame at the feet of the previous CEO. Satisfied with his comments, the press -- and Wall Street -- responded positively, sales began to pick up and the problem was soon behind him.

About a year later, the company was again experiencing a slight dip in sales, combined with serious product problems. Having learned from his previous experience, the CEO quickly opened the second envelope. The message read, "Reorganize." This he did, and the company quickly rebounded.

After several consecutive profitable quarters, the company once again fell on difficult times. The CEO went to his office, closed the door and opened the third envelope. The message said, "Prepare three envelopes."

- Michael Coley
- wwol.com



To: stock bull who wrote (50298)3/17/1998 9:19:00 AM
From: Steve Hepensteil  Read Replies (1) | Respond to of 58324
 
I am not going to flame you. I have been a very ardent IOM supporter for years. The mania of a few years ago paid for my wedding, the down payment on a house and furniture. I am now starting to realize that I have been jaded by my earlier success. While I do not think the end is hear, I am finding it harder to stay in this stock. I am waiting to hear the CC and them make my decision for good. There is a strong possibility that this may be it for me.