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


To: Philip J. Davis who wrote (6464)1/22/1999 3:43:00 AM
From: Reseller  Read Replies (2) | Respond to of 10072
 
However during the CC, it seem that at least one analyst was clearly disappointed with the Briscoe resignation.

That announcement no doubt blew them away, but for a moment take a
look at Jodie's bio ( I re-posted it yesterday ) This wasn't a mere personality
problem but a strategic company reorganization. IMO the analyst didn't give the benefit of thought about what might be happening instead was disturbed about a known situation in the process of changing. More and more the business in going over to the OEM
side and my guess is that it has more to do with those changes than
anything else.

Jodie Glore
>>Corporate Senior Vice President of Rockwell International and a member of its Corporate Strategy Committee, serving as President and Chief Operating Officer for Rockwell Automation.. Rockwell's continuing businesses will have projected fiscal 1998 sales of approximately $7 billion and 38,000 employees. <<

As far as CNBC's Joe Kernan goes I don't think Joe has ever given a balanced assessment of Iomega and their business and believe that he could have just as well put a positive spin about the good that was done this last quarter. but instead choose to accent the negative.
Let me guess he probably called it a one time Internet Hi Flier. ; )
He's an open book.
What I'm suggesting is that Joe would be negative no matter what.
Regards
Reseller