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Non-Tech : Any info about Iomega (IOM)?

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To: Colin Reynolds who wrote (24484)6/5/1997 6:01:00 PM
From: J. Stone   of 58324
 
Iomega in the current issue of FORTUNE................

The 23 June issue of FORTUNE focuses on "companies that have made shareholders rich."

17 "Superstars" topped the FORTUNE 1,000.

Numbers 1 - 17 read:

Amgen
Oracle
Worldcom
Microsoft
Conseco
Nike
Champion
Intel
Harley
Micron
Pacificare Health
Applied Materials
Home Depot
Compaq
Iomega
United Healthcare
Sunamerica

On Iomega, FORTUNE writes: "One of the most hyped tech stocks of the decade, Iomega has cooled recently, in part because of quality problems with its Jaz drives. Originally the company thrived by creating a new market - drives that let PC users easily back up their hard drives." (Hey, I'm just repeating what they wrote; don't spam the messenger!!!)

Total Return to Investors (1986-1996 - annual rate): 36.6%
Revunue Growth (1986-1996 - annual rate): 42.4%
Operating Margin Growth (1986-1996 - annual rate): 2.0%

regards,

JS
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