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

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To: Armen Kassabian who wrote (4693)7/19/1996 3:12:00 PM
From: Peter Shaw   of 58324
 
Actually, their quarter to quarter growth rate (which is what KE says you should follow) is under 30%. I think P/E is a tough one to measure this stock by. Price to sales looks reasonable, but we are looking at a weaker quarter coming up. Things were already slower in Europe, and the whole place closes down in August.
I don't see the short term prospects as being very good, although the long term marketing seems to be on track. Look for a choppy trading range between 17 and 24 for the next few months. I'm betting to the downside unfortunately.

Was long, No longer...

Peter Shaw
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