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Non-Tech : Any info about Iomega (IOM)?
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To: Franco Forghieri who wrote ()6/28/1996 9:07:00 AM
From: Andre Daedone   of 58324
 
Hey Franco:

I believe the price for IOMEGA is a good buy up to 47. At this price they will be trading at 4 times their annual sales. US Robotics is presently trading at approx 6x. Iomega will boom next year. They have a lot of different developments in the works. You cannot go by their P/E because this is a fast growing company and growing they are.
Watch Syquest though....they are trying to compete and they have a very good product, however, they are financial unstable right now.

A Daedone
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