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


To: Senthil Sankarappan who wrote (7822)2/28/1999 11:34:00 PM
From: Cogito  Read Replies (1) | Respond to of 10072
 
>>I want the IOM management to get the real problems. I am sure they read this thread and the MF thread.<<

Senthil -

What problems that we know about here is Iomega management unaware of?

I am sure that they know more about the problems they are facing than you, I, or any of us do.

Iomega is a company which operates in an extremely competitive environment. They went from nowhere to 2 billion dollars in annual sales in about two years. It isn't surprising that they've had problems along the way.

I'm not saying that Iomega managment hasn't made mistakes. I am saying that I doubt that their mistakes could be rectified by reading this thread.

- Allen



To: Senthil Sankarappan who wrote (7822)3/1/1999 10:04:00 AM
From: D.J.Smyth  Respond to of 10072
 
Sentil, what has always been a curiosity to me is that when a stock price disconnects (in a negative way) from what is actually happening at a company, many longs blame the company. IOM's stock price, though a function of many things, is currently more a function of Wall Street's expectations; but it says little to nothing about how sales and/or new products are actually proceeding at IOM. Although this board appears to be taken over by the likes of disinherited/disingenuous intelligence, our current concern is the extent of IOM's spending plans. So, some "mutiny" types are arising on this ship. Curse the storm, but, as far as I'm told Iomega's product lineup is performing solid.