Any info about Iomega (IOM)? Message Board

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

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To: Rocky Reid who wrote (24646)	6/6/1997 5:14:00 PM
From: Trakker	of 58324

<<BLINDNESS to declining Iomega revenues>> Because you keep bringing this up - lets look at HISTORICAL REVENUES and other numbers for Iomega - Quarter Ending: Revenue/Net Income(millions)/Net Profit Margin 12/31/95 = $148.8/ 9.9/6.7% 03/31/96 = $222.0/10.1/4.6% 06/30/96 = $283.6/14.1/5.0% 09/29/96 = $310.1/12.8/4.1% 12/31/96 = $397.1/20.4/5.1% 03/30/97 = $361.3/23.0/6.4% Okay so lets look at these declining revenues. Q4/95 to Q4/96 we saw a decline of, okay fine an increase of $248.3 million. Well, Rocky must be right, there should be a decline from Q1/96 to Q1/97. Okay lets see, nope there was an increase of $139.3 million. Fine then, net profit is declining - oops that shows a continuous increase. And, oh my heck (i am in Utah), profit margins are continually increasing. Rocky, distorting history still doesn't help any of your ridiculous declining revenue statements. The only thing that I can tell that is declining is your cash, or I like to look at it as your losses are increasing. BTW, Do you know when PC Expo starts? You may want to get down to The Javitz center and see for yourself how much Iomega is "declining".

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