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

To: Herb Fuller who wrote (53040)	4/19/1998 1:37:00 PM
From: Rational	Read Replies (2) \| Respond to of 58324

Herb: <<< Is it fair to assume that a company that is growing into an expanding market at the rate of 35% a year would have a problem maintaining a constant earnings pattern due to expansion , market fluctuations ,r&d cost , growing capitol expenditures , employee problems etc. ?>>> My answer is NO. IOM is still an evolving company. I cannot say if it is a guaranteed growing company. I can say, though, that it has a tremendous potential for growth. The stock price fluctuations do indicate the uncertainty about the growth of the company, IMHO. What is critical (IMO) to stay invested in IOM is that their products have a market; they continue to innovate, and that they understand (NOW) the need to keep the cost in line with potentially fluctuating revenue to show profits. They were in a phase of tremendous growth in revenue and so the cost was not an issue. After the recent jolt, they fired the CEO because he was accustomed to only unidirectional revenue growth, IMO. They now need a new CEO who understands how to manage a company with a great potential for growth, but not with a guaranteed uptrend in revenues. This is JMO. Sankar