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

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To: Bearded One who wrote (39637)12/12/1997 6:57:00 PM
From: Cogito  Read Replies (1) of 58324
 
>>Growth certainly must not always be constant. For a hot stock, though, growth must always be there. If tie ratios over the previous year's quarter did not increase, then that is negative growth.<<

BO -

I think you're missing the boat with your reasoning here. Tie ratios don't have to increase for revenue and earnings growth to continue. If the absolute numbers of units sold increases, and margins increase, then earnings increase. Also, in the first and second quarter reports, Iomega stated that tie ratios were up from the previous quarters, not the previous year quarters.

Meanwhile, you apparently missed the information that Iomega IR says they are discussing whether or not to continue the "million sold" announcements.

>>Haven't any of you wondered why Iomega didn't throw a parade down 5th avenue in New York City when they shipped their 10 millionth drive? They *BURIED* the news about it!!! You don't do that with a product that is gaining marketshare. Losing marketshare, though....<<

They made the 10 millionth drive announcement in exactly the same way they made all the previous announcements. How can you possibly construe from this that they are losing market share?

- Allen
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