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Non-Tech : Any info about Iomega (IOM)?
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To: Rocky Reid who wrote (44567)1/22/1998 7:14:00 PM
From: steve patler   of 58324
 
U seem to claim 48% growth won't make it, however u seem to ignore that 48% growth is top line revenue growth not unit volume growth. As the press release states twice as many zips were shipped in 1997 vs 1996. Also Far East is 10% of Iomega's current market and although revenues increased by 88% over the 4th quarter of 96 Iomega obviously projected even greater growth. Do u realize that PE at 9 per share is about 15 very low for a company growing 25,30, 40, 50 % per year. I will listen to conference call and see if any additional siginificant information is disclosed.
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