Any info about Iomega (IOM)? Message Board

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

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To: JoeG who wrote (4609)	7/18/1996 10:35:00 PM
From: Armen Kassabian	of 58324

What time did the 25 3/4 price on Instinet go through? Here's my valuation of Iomega: Earnings or .08 for Q1, .11 for Q2, .10 for Q3 ($50 rebate and price cuts DO affect earnings. They are cutting Zip by 25% and Jaz by 20%) and .15 for Q4 (Christmas season) Revenues of 1.3 billion. Total for year - .44 cents/share. A company growing at 25-40% a QUARTER deserves a P/E of about 60-70 in today's market and 3-4 times sales. So the value of Iomega should be about $26.4 - $30.8 on an earnings basis and $29.5 - $39.3 on a revenue basis. These projections are based on the Zip and the Jaz NOT becoming industry standards. If they do, then the valuation model would have to change, obviously.

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