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To: PCSS who wrote (1435)10/24/1998 1:05:00 PM
From: Cube  Read Replies (2) | Respond to of 5102
 
PCSS,

At a worst case you might be able to consider my posts rude, but vile? Sheeesh, you need a reality check bud, and here it is: Del is a lightweight when it comes to corporate leadership. He has had years now for this turnaround, yet he is still saying, just a few more quarters. As far as this part of your post:

>>Knocking Del on this thread serves NO value to anyone and adds NO value to us shareholders. <<

Think again on that. Iomega's previous CEO was replaced on 10-23-98, and at one point the stock was up 25% on a bad day for tech issues. Knocking this CEO is the right thing to do when he has had all the time in the world to deliver, and he just can't. Emperor Yocam has no clothes, and I will shout the obvious from the mountain tops until he leaves. By any measuring stick you wish to use, he has been a complete disaster since day one. But that's OK. Not everyone is a Lou Gerstner. The problem I have with Del is his refusal to realize that he is not delivering. There is no dishonor in making mistakes. There is only dishonor in refusing to admit you've made them. Stop enabling Del to continue this freshman performance, and do it quickly!

Hope that wasn't too vile.

Cube