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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?

To: Reseller who wrote (6450)	1/22/1999 12:44:00 AM
From: Kevin	Read Replies (1) \| Respond to of 10072

In regards to the resignations. I think they are positive too, Restructuring isn't always bad. Besides, they are probably getting a nice deal to leave, only to be replaced by someone bigger and better. Thanks to the both of them, however, for helping to turn things around for IOM and out investment(s).

To: Reseller who wrote (6450)	1/22/1999 1:24:00 AM
From: Michael M	Respond to of 10072

Reseller, agree with your positive assessment of IOM and today's report. HOWEVER.....can't get over the clumsy way the company noted the possibility of a break-even Q1. IMO, Iomega farted at their own otherwise-very-nice-party! Without the slightest threat to it's hard-won new credibility, IOM could have done themselves (US!) a real favor by just the teensiest tweak of that press release/announcement. Rather than saying, 'oh, by the way, we're probably not going to make any money this quarter due to production problems and the likelihood of slowing sales :-( they might have said something to the effect that .....we are excited and encouraged to be in a position now, to insure that our financial base is rock solid, complete our reorganization and take advantage of extraordinary growth opportunities presented by product development and recent acquisitions. While this focus may result in Q1 being a break-even or small profit period, it will, in quarters and years to come, result in a far stronger company and far greater rewards for our shareholders..... Oh well.