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Non-Tech : Any info about Iomega (IOM)?
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To: Tom Trawinski who wrote (7476)9/24/1996 12:50:00 AM
From: JF Quinnelly   of 58324
 
Tom, the question of what constitutes a reasonable capitalization for Iomega worries me, too. Iomega has a lot of shares outstanding, so it doesn't take all that much of a rise in the stock to give this company a ridiculous valuation. It is this sort of boring detail that the bulls were ignoring last spring in their wild enthusiasm for the stock. Are we going to see another boom-bust cycle quickly played out?
The cheerleading makes me start looking at puts.
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