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

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To: J P Cross who wrote (6921)9/6/1996 3:16:00 PM
From: Ken Bobey   of 58324
 
>Patrick, Valuations for the typical data storage company are less
>than 1 (one) times sales.

Current price/sales ratios:

IOMG 2.6
SEG 0.7
WDC 0.5
SYQT 0.3
QNTM 0.2

IO still looks expensive at these levels and single digits are
possible. I can't understand the comments about buying now
before Q3. The stock is trading sideways with a slight downward
bias. If Q3 disappoints there will be a repeat of last quarter.
Why enter at 14 when you can get in at 9???
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