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

To: Kashish King who wrote (51223)	3/25/1998 7:42:00 PM
From: Troy Shaw	Respond to of 58324

Rod Macpherson, lalalala.... Must be nice up there in those clouds. Fantasize whatever you want, but it won't change the facts. Explain why Fred Wenninger (Iomega's previous CEO) would have stepped down, knowing that Iomega was developing Zip and Jaz. At price points that would turn SyQuest into the hemorrhaging bloody stump of a company it is. I'll tell you why, because the best products Iomega was working on at that time was a 230MB Bernoulli, and a 400MB Bernoulli. (At the same time, SyQuest was developing a 400MB 3 1/2 inch drive, and an 80MB 1 1/4ish inch drive.) Sure, Kim upset some Iomega employees when he told them they had a $500.00 150MB Bernoulli drive that was a fine technological achievement, but nobody cared (maybe if it would have made coffee too...) Kim, also made some engineers unhappy, when in the Spring, of 1994 he pulled the plug on the 400MB Bernoulli (code named Aspen) in favor of Zip (code named Vitamin C). But, he was right. The projects developed under Kim, Vitamin C and Viper (Jaz), were what the market wanted. Kim made it happen. Kim's departure is the worst thing to happen to Iomega in the past 3 years. <<Mary Cluney, I grow tired of your repeated silliness. You are bordering on libel. Troy, I believe Mary is correct as Kim Edwards was responsible for running IOM into the ground after his glory grabbing efforts were complete. In fact, to suggest otherwise is libelous toward those actually responsible for whatever success Zip had early on. I don't think it's libel, borderline or otherwise, to report that Kim Edwards is responsible for putting the last nail in IOM's coffin. It remains to be seen whether those remaining in the stock follow Kim's lead once they realize they are but pallbearers in a funeral procession.>>