SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Iceberg who wrote (23672)5/29/1997 9:19:00 PM
From: Rocky Reid   of 58324
 
There is one fact which is openly acknowledged by all here:

1 out of every 6 shares of IOM is being sold short.

This fact alone should serve as an indicator of how the street views Iomega. The share price is stuck here. I have received flack that would down a B-52 in regards to my assertions that IOM's PE will decline. Yet here we are, months later, and my warnings have been proven true. The PE ratio has gone from 60+ straight down to 40, and now knocking on the door of the 29/30 barrier. You know what?

It's headed lower.

IOM will attain a PE of 18-20 soon. Meanwhile, while IOM sits here, other stocks with street support continue their march upward.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News