SI
SI
discoversearch

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


To: Philip J. Davis who wrote (6456)1/22/1999 1:55:00 AM
From: sheila rothstein  Respond to of 10072
 
Lipo, the resignation of Briscoe and Forsythe were part of the restructuring. Glore probably decided to decrease upper level management in order to increase the bottom line. His goal is to grow the bottom line and expand the co. I think the turn around started with Sierk and Glore is continuing the process. So that is not a negative for me.
Clik is yet a pup... and I expect many OEM endorsements over the next year... wait and see. Thanks for your analysis of the cc, and I hope tomorrow is a better day. SR



To: Philip J. Davis who wrote (6456)1/22/1999 2:19:00 AM
From: Reseller  Read Replies (1) | Respond to of 10072
 
With all due respect why do you feel that the management
changes with Brisco and Forsyth leaving particularly
disappointing ?

IMO it could be that however helpful they might have
been in the past they are from the K.E. era which was
by any account a very extravagant management style and
may not have the where with all to participate in the
streamlining that is obviously occurring ?

Regards
Reseller



To: Philip J. Davis who wrote (6456)1/22/1999 6:59:00 AM
From: David Colvin  Respond to of 10072
 
Phillip,

5) More Zip drives shipped in 4Q98 than all of the Superdisk drives ever shipped by Imation

Listening to the conference call, this is the statement that had, by far, the greatest impact on me.

Let's see....I'm sitting in my Iomega star ship cockpit and going through my pre-flight competitor check list.....that darned new CEO guy, Jodie Glore, says I always have to perform this pre-flight check prior to each lift off:

o Avatar gone

o Syquest gone

o Sony engineers still fumbling around trying to get the HiFD drive to perform reliably

o Castlewood's ORB drive still going to start shipping any day now after completion of "OEM" evaluations...yeah right! Oh yeah, got to check on the Syquest lawsuit against them and see if it transfers with the intellectual property part of the Iomega buyout.

o Swan drive never left the gate, probably used up a lot of investors money though.

o More Zip drives shipped in 4Q98 than all of the Superdisk drives ever shipped by Imation!

o CD-R and CD-RW drives....a different technology, ungodly slow and not for the technically challenged masses that want something simple and easy to use to back up many small files over and over on a daily basis.....like a Zip drive!

Yep, looks like another smooth, uneventful flight today on the star ship Iomega.

Dave



To: Philip J. Davis who wrote (6456)1/22/1999 9:54:00 AM
From: Jock Hutchinson  Respond to of 10072
 
I see nothing in Iomega's long-term picture that looks dissuasive. Rather it has never looked better. However, I am wondering if you or anyone else on this board could provide me with the pros and cons as to why Iomega should not enter the CD-R business. If Iomega is truly going to be THE market leader in removable storage, then surely it must have products that are synergistic if not compatible with the explosion in DVD--if for no other reason that the public will become utterly reliant with the concept of disks simply because the days of using tape in one's VCR are finished. I am hoping that this is the new product to which Mr. Glore refers. Being the leader in one area of removable storage isn't remotely close to enough--especially when the year over year revenues are declining. There is only so much cost reduction that Six Sigma can accomplish.