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Non-Tech : Any info about Iomega (IOM)?
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To: eddie r gammon who wrote (6322)8/20/1996 4:47:00 PM
From: J P Cross   of 58324
 
To All: Volume 5.6 million, 13 7/8 close. This puts the market
cap at about 1.831 billion ( 132mm shares at 13.875).

IMO, this is still a high market capitalization for this early stage of
development of IOMG. The future looks bright but not the near
short-term.

What is a great buy? IMO *** 1.0 billion market capitalization***

That would put the price of the stock at $7.57 (1.0 bln / 132 mm)

With the price of the stock at $13 7/8, a drop to $7.57 would be
another 45% drop in price.

Stock has dropped approximately 75% from its high of 55.

Still too much risk for me.

Regards,

JP Cross
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