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

To: Naggrachi who wrote (7779)	2/27/1999 1:30:00 PM
From: BeachBum	Respond to of 10072

Zead... Here's the funny part ( like there is one ). I worked there 11 years before being laid off last year ( officially 1/1/99 ). I was told arbitration is about useless, right now I'm sending my report with copies of the paperwork to the national office ( Retail Customer Complaint ). As far as your view of management I feel the same way, I started this process at Fidelity on 1/28/99, luckily I sold 50% of CPQ to cash before the transfer. As far as management the only one who bothers me more than 5fer is Earl Mason. As a CFO you should be smart enough to know 33.3 % of a quarter does not make the quarter. You remember last Jan. he was running all over the world pounding his chest about the best Jan ever, and guess what happened 12 months ago this month, this thing I was trying to avoid. Here is the worst part, I don't know how long you owned Dell, but years ago I was in what CPQ calls a site meeting where all employees attend ( of course it took multiple meetings ) and the meeting I was in a question was asked if we (CPQ) where going to crush Dell while we had the chance, the answer "We don't want to kill Dell for some one else will just take they're place . At this time Dell had 4 engineers in each office ( some we knew ) and just discontinued they're laptop line and was making only 3% profit margin on each unit sold. These were the days when boxes cost 5 to 10k. All any boxmaker had to do was cut prices on theirs by 5 %. That was the beginning of the end. The VP who answered that question is still there. SO now compliments to Micheal Dell but now all business models in the tech industry are having to change. I'm not certain it's a good thing for all the other companies, for one thing this model outsources almost all of it processes, mostly overseas. I know its business and the capitalist way, but personally I think if Dell would have been stopped then if it happened it would have taken a lot longer. Look to this point no other computer company has been able to duplicate exactly Dell's model. Again, I don't want to take anything away from Micheal he turned a whole industry on its ear. Of course it is ultimately my fault for not getting 100% out of the stock before this rollover, but I was assured it's a simple process that wouldn't take but 2 to 3 weeks. It would have been close but if everything went as planned I could have got out. bB ^-^- Then again thats just life in the market, I could just handle it better if it was all of my own doing.