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

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To: Tim Cruise who wrote (3118)6/17/1996 2:56:00 PM
From: Kunal Taravade   of 58324
 
The stock has a support level at 35 (which was the price it
was offered at to the institutions). I don't think it
will go below that. They will buy it back if it does.
If it does go below that, it will be terrible news, as
it may keep going down to the 25 level, where it will
become attractive once again, based on current valuations
and PE. That is more than 50% off its highest point (54).
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