This may be the most revealing info. in the article:
<snip>
Globally, Iron Mountain saw its fourth quarter net profits plunge 96%
year over year from US$28mn to US$1.3mn. Revenues rose 4% from US$727mn
to US$753mn.
<snip>
Revenues rise 4% and net profits plunge 96%. I'd be looking into that
were I Iron Mountain.
Very possible they did some write-offs, investments, accounting
adjustments, etc.
Best regards, Steve
Steven D. Whitaker, CRM
Records Systems Manager; City of Reno
>>> [log in to unmask] 3/10/2009 12:47 PM >>>
the following was sent to me by an individual who wishes to remain
anonymous
Nice comment by Iron Mountain Executive, considering last weeks
discussion.
<snip>
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