Any info about Iomega (IOM)? Message Board

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

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To: Chris Sterner who wrote (2771)	6/11/1996 1:36:00 PM
From: Joe Rizzo	of 58324

Market Value of Iomega now exceeds Seagate and Western Digital combined, net of cash. Shorted more Iomega; went long Seagate and Western Digital. Here is the math. Iomega: $6.393 billion - ($46 x 143 mm shs o/s) = $6.578 billion - 185 mm cash Seagate: $5,425 billion - ($52.50 x 130 mm shs o/s) = $6.825 billion - $1.4 billion cash Western Digital: $760 mm - ($23.50 x 43 mm shs o/s) = $1.01 billion - $250 mm cash How many think that the Iomega enterprise should be worth more than Seagate and Western Digital Enterprises combined?

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