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


To: sheila rothstein who wrote (51180)3/25/1998 1:32:00 PM
From: Herb Fuller  Read Replies (2) | Respond to of 58324
 
Sheila , Re>>I called for KE's head a few mo's ago. <<<

Sheila , your post # 49364

Snip :
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

Good Luck to all ,

Herb



To: sheila rothstein who wrote (51180)3/25/1998 1:34:00 PM
From: Ben Antanaitis  Respond to of 58324
 
SR,

Ad campaign... it got short sheeted. They tried to build up demand for Zip-Inside just when the box makers cut back on 'standard' features. Result is that Joe-bag-a-doughnuts may recognize a Zip, but doesn't know to ask for the $99 add-in extra that the sub-$999 box ads don't stress. Only light in that tunnel was the appearance of the 'get a Zip added for $99' insert right in the middle of the pictures of the system's being offered by Best Buy in their weekend ad.

JMHO

Ben A.



To: sheila rothstein who wrote (51180)3/25/1998 1:52:00 PM
From: stock bull  Read Replies (1) | Respond to of 58324
 
Sheila, I sure hope your prognosis for IOM is correct. I have a Zip drive and think its great. I suspect that the other products are equally as good. Wish I could say the same for the stock. Well, this is going to be a new ball game, so let's see what happens over the next few months.

Stock Bull



To: sheila rothstein who wrote (51180)3/25/1998 2:21:00 PM
From: Michael M  Read Replies (1) | Respond to of 58324
 
Speculation on future of company is pointless until we get some facts about present circumstances. KE's seeming disdain for the press, the street and shareholder anxiety have caused needless uncertainty all-around. We know how stock prices respond to uncertainty, right?

I still hold the opinion that the Asian blow-up should have been a wash, at worst, for IOM. In fact, way, way back a post here cited an IOM Asia exec quote in the press that the company bottom line would benefit a few cents in Q4 '97. He went on to say it would be a temp. benefit. In any case, I don't think Asia had or has much to do with IOM woes.

The reason that KE left will come out within days, if not hours (Herbie is on this case, don't you think?). If we dare to assume that
IOM does not have some horrible dark secret in the closet, they have a tremendous opportunity here if they can deftly handle the queries coming their way today.....RETURN HERBIE'S CALL!!!!