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 : Iomega - A Civil Discussion
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: fut_trade who wrote (1847)7/25/1997 11:27:00 AM
From: Cogito   of 1908
 
>>With more than 18M short shares, Iomega could trade shares with the shorts keeping the supply of available shares on the market constant thereby keeping the share price 'stable'. However, EPS will decrease tending to increase P/E, both of which will have a negative effect of share price.<<

Peter -

The .5% increase in oustanding shares in the last quarter does not have a substantive effect on share price. Nor would similar increases over the next two quarters.

EPS will not decrease over the next two quarters either, if Iomega even meets the estimates. If they earn, say, 85 cents a share for '97, then the P/E would drop to around 25, assuming that the price stays the same. But I doubt that the price will stay at 22 for the next six months. I also doubt that earnings will be only 85 cents a share for the year.

- Allen
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News