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Non-Tech : Any info about Iomega (IOM)?
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To: STEVE SMITH who wrote (23605)5/29/1997 12:04:00 AM
From: Rocky Reid   of 58324
 
>>Rocky - with all due respect, you've got to decide which side of the PE ratio you want to play here. With its recent rise, COMS has a trailing PE of ~30. <<

Well, another apples/oranges thing here, but here we go anyway. Different sectors enjoy different PE averages. The networkers have been among the higher priced PE stocks, and the drive makers like Iomega average a bit lower.

I do plan to unload COMS, but trying to call the exact top or bottom is a risky thing, so we'll just see what happens.
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