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

To: Michael Coley who wrote (8317)	3/16/1999 12:00:00 PM
From: Rocky Reid	Respond to of 10072

>> I have annual sales numbers for Iomega and I can't seem to find the numbers you're talking about.<< Easy. I simply looked at YOUR webpage, plus the latest CC. 4th Q 98 Revenue DOWN (8%) year to year. 3rd Q 98 Revenue DOWN (9%) year to year. 2nd Q 98 Revenue DOWN (2%) year to year. >> I can't find ANY year that their revenues shrunk as much as the 7% that you're talking about.<< I just gave you 3 in a row, for a weighted average of a (6.42%) decline in year to year revenues. Expect another loss of revenue this time around too. >>In fact, I see a growth from $141 million in 1995 to about $1.7 billion in 1998. I'm not sure I've ever seen any other company do that.<< Hey, great. While your looking at ancient history, I have another hot stock tip for you. The ACME Buggy Whip Co. had a great run from 1888 to 1900. Really blew those buggy whips out the door-- Tons and Tons of sweet high-margin ones too. IOM might have dramatically increased their revenues in years past, but those days are obviously over.