Any info about Iomega (IOM)? Message Board

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

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To: Spank who wrote (42759)	1/7/1998 7:39:00 PM
From: Rocky Reid	Read Replies (5) of 58324

What will you do, Iomaniacs? What will you do when 4th Q Earnings are announced, and the stock fails yet again to react positively? With it's trading premium at P/E 37, it leaves a lot of room to fall. Will the realization finally set in that Iomega's explosive growth is now over, and earnings next year are forecast to be only 35% more than this past year? There are now many other opportunities in the market where companies are growing at a much larger percentage than this, and whose stock is not hated as much as IOM. Zip has failed in its mission to replace the floppy. Iomega's own greed in pricing the expensive Zip discs has ended up costing them dearly in this regard.

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