SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Young D.T. Nguyen who wrote (1262)4/27/1996 8:58:00 PM
From: olduser   of 58324
 
The IOMG story you paint sounds too good to be true. However,
that's what they said last year and IOMG came thru in spades.
INTEL is a boring stock, I'm just not ready for the ride
of IOMEGA. BTW, Barron's columnist Alan Abelson (who is pretty
funny) had a table of about 10 stocks that he thought were
priced too high. As you may have guessed IOMG was in the table,
along with the usual suspects like Presteck. But, the P/E ratio
is kindof irrelevant for IOMG because last year the company
did little better than break even, and this year the company
could do a buck a share. Those kind of astronomical growth
rates are not measureable using the kind of P/Es that one would
use with companies like JNJ or C. The Fools use PEGs (price earnings
to growth ratios) that are much better at evaluating high growth
companies. But, the big question is, what does IOMG do after
this year. Do they do two bucks a share next year, or just
a buck and a half. In other words, to what level does the
growth rate slow? Or does it?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext