Any info about Iomega (IOM)? Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Young D.T. Nguyen who wrote (3680)	6/27/1996 2:06:00 PM
From: Jay Chaffin	of 58324

Young, Holy cow!!! Am watching power lunch and Joe Kernan just went into an IOmega discussion. He gave the comments of the JP Morgan analyst who initiated coverage (paraphrases) "IOmega is unique in the industry, has razor and blades...proprietary ... emerging as the standard... is confident there will be a flurry of OEM announcements before the end of the summer as PC makers jockey to set up Christmas sales. The analysts estimates are $1.35B in revenues for 1996. Earnings $.52 in 1996, $.87 in 1997." Then Joe went into some calculations about what that PE is and said something along the lines that companies growing at that rate may deserve higher multiples. Yada, yada, yada. Neil Cavuto(??) chimes in with what I thought were wome positive type of comments (not exactly sure, started typing right away). All in all, seems to me that now that one analyst from one well respected investment company says good things, the CNBC guys start changing their tune.... Wonder if this report will have any effect on the stock price within the next 15 minutes?? More later Jay P.S. heard in the background something about IOMG not being a PRST. LONGER on IOMG

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next