Any info about Iomega (IOM)? Message Board

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

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To: sheila rothstein who wrote (37603)	11/26/1997 9:06:00 PM
From: John Alan Wallace	Read Replies (2) of 58324

<<<So the P/E of 40 doesn't bother me.>>> I think you misunderstood me. Like you, I am not worried about the PE at 40 or even 50 but was trying to pinpoint the reason why the "street" seems to be giving up PE of 40-44 the last couple weeks versus the PE 36-40 the previous couple qtrs. If the extra PE was due to higher expected growth I think we could expect a stock price of greater than $40 in the last half of January. If the extra PE is due only to the expectation of hitting estimates for this qtr then I think we could only expect a high of $36-38 by then. I guess something in between is most likely. JW

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