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: Franco Forghieri who wrote ()	6/30/1996 11:13:00 PM
From: J P Cross	of 58324

To All: Any ideas on Iomega price movement before July 18th - the day 2ndQ results will be announced - after close of business. I would like to buy some shares. Have been watching this stock go from 15 with trailing PE of 110 to a split adjusted high of around 55. Since its high, Iomega stock price has shown a weak bias to close lower week over week. With over 128 million shares outstanding what is the probability of this stock climbing from the 29 range before going lower, at least before 2ndQ earnings are reported? The number of shares changing hands concerns me. Too many are dumping this stock. Fundamentally Iomega is valued at just under 4.0 billion. Until a couple of more quarters are announced I'm concerned that Iomega stock may see the mid-teens to low 20's again. Any thoughts about the share price of Iomega? If you are selling, why are you selling? If you are buying, why are you buying? When will the big guys start adding to their portfolios? With all of the buy recommendations Iomega still does not show the strength you would like to see except for the rebound from 21 to 29 this past week. Regards, JP Cross

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next