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


To: Dale Stempson who wrote (50354)3/17/1998 12:28:00 AM
From: Naggrachi  Respond to of 58324
 
<<One thing I believe is very different with today's news is that their is no question that it is bad. There's no flip side. >>

KE spelled all this out in Q4 CC and in retrospect the downgrades the folloing day make a lot of sense today. They didn't at the time. I think KE is being very conservative as he has always been Some people call that lack of communication, however, I'll repeat what I have said all along, the guy is runing a company and day to day events, like expirinng options his shareholdres hold are irrelevant to him. He's more concerned about where this company is going in the next fivee years that what cRocky or Herbie or Mikie, for that matter, have to say.

I'll admit that today's news was negative.

Zead