Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Alan Rosen who wrote (51286)	3/26/1998 9:23:00 AM
From: Naggrachi	Respond to of 58324

Re: Andy Groves FWIW, he remains chairman. Zead

To: Alan Rosen who wrote (51286)	3/26/1998 10:33:00 AM
From: John Lacelle	Respond to of 58324

Alan, "CEOs falling like autumn leaves" I can't agree more. Wall Street has really developed some amazing expectations of tech companies these days. Intel has one year of flat growth and the street becomes bitter. Iomega gives the street a 100 bagger and when the stock takes a little breather the rats jump ship. We all have to develop a better sense of patience with tech companies and not day trade them. I remain long on IOM and am thinking about some call options as well, -John

To: Alan Rosen who wrote (51286)	3/26/1998 11:57:00 AM
From: stock bull	Read Replies (1) \| Respond to of 58324

Alan, <<CEOs falling like autumn leaves! CNBC just announced that Grove of Intel is retiring as CEO. Replacement onboard and ready to go May 1.>> Grove isn't falling like an autumn leave. He's now in his early 60's and is going to be the full-time chairman of the Board. Graig Barrett (sp?), now COO is taking Grove's position as President and CEO. As you known, Grove is one of the founders of Intel and Barrett has been with the company for over 25 years. He's the person who executed Intel's manufacturing strategy over the past years. I sure would not infer that KE is in the same class as Grove or Barrett. Assuming that this was the intent of your posting. Stock Bull PS: Intel also announced that they are going to buy back 100 million shares. Stock up 1 1/4. IOM now trading below 7!!!