Any info about Iomega (IOM)? Message Board

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Non-Tech : Any info about Iomega (IOM)?

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To: Young D.T. Nguyen who wrote (1988)	5/25/1996 12:53:00 AM
From: Kangming Xu	of 58324

Young, GREAT and INTELLIGENT analysis and prediction! I am going to ride IOMG with you to 21 century. I've tried to search for today's price dump. No any other reasons are shown but only thing is that "way overpriced" by the Wise Robert Marie based on the future PE = 124 (on 5/22). The price of IOMG went down from 54 to 44+ today. This makes me remember what happened in January. One Wise Herb Greenberg wrote a series of articles to attack IOMG, who is the same guy to spread the rumor for SYQT takeover on Monday. The IOMG price went down from $50+ to $40-. The difference between then and now is that IOMG was little known at that time but everybody knows and wants to jump in right now especially on the Wall Street. One evidence is that on last Tuesday, one broker called me to introduce a great stock name IOMG at the price $54 and asked me to buy, in other words, these Wises are anxious to jump in. Now let's see the PE ratio in the past (earning data is taken from brief book of WSJ): date price earning P/E 06/15/95 3.375 0 infinity 07/14/95 4.125 0 infinity 08/15/95 4.688 0 infinity 09/15/95 3.958 0 infinity data missing 11/22/95 6.438 0.01 643 12/15/95 7.104 0.01 710 01/17/96 6.479 0.06 108 02/15/96 6.813 0.06 113 03/17/96 9.438 0.06 157 04/17/96 16.313 0.16 101 05/15/96 33.000 0.16 206 05/24/96 44.625 0.16 278 The past P/E was always high and even the thread is titled "price too high" since 10/14/95. Why isn't the P/E accepted right now? I think many Wises want to lower the price to buy. KM

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