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

To: Naggrachi who wrote (50621)	3/18/1998 1:40:00 PM
From: Bill Lin	Read Replies (1) \| Respond to of 58324

I agree with your assessment of IOM management. There are probably people there not able to cope with the increased pressure of a 60% growth company. In order to keep growth at 40-50% per year, you need aggressive, decisive managers who FOLLOW UP, and don't give excuses. How many times does "they messed up" going to fly as an excuse? If Greenspan behaved that way, the US banks would have this economy in the crapper better than Japanese competitiveness. Good managers can get things done. I think the majority of IOM managers are good. Otherwise they couldn't bootstrap the sales to this level. However, its time to get more experienced people in place who will stop providing excuses. KE also has to stop providing excuses, and stop taking responsibility for any shortfall. He needs to produce. period. I read the TMF remarks on IOM. I disagree with the cash comment. keeping cash at a healthy level means that in slow computer sales periods like this, cash can save your bacon. BL