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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: HRP who wrote (57986)	11/11/1998 8:13:00 PM
From: Rocky Reid	Read Replies (1) \| Respond to of 58324

>>Iomega is a world wide company that is in a growing mode and getting larger every day << I would like for someone here to please explain to me how a company that is: 1. Realizing shrinking Year to Year Revenue (-2% for 2nd Q, -9% for 3rd Quarter, possibly -15% plus for 4th Quarter) 2. Realized a falling Book Value (dropped from $1.67 to $1.52 this year) 3. Realized a radically declined Market Cap year to year 4. Fired a big percentage of its workforce 5. is seeing sales $$$ dropping quarter to quarter qualifies as "in a Growing Mode."