Any info about Iomega (IOM)? Message Board

STOCKTALK

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 : Any info about Iomega (IOM)?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cameron Dorey who wrote (46014)	1/28/1998 3:13:00 PM
From: Michael Coley	Read Replies (3) of 58324

RE: A Tale of Two Companies. Did anyone see Netscape's report? They missed earnings. NETSCAPE COMMUNICATIONS (Nasdaq:NSCP - news) Down 1/4 to 16 5/8... Posts $0.22 4Q operating loss vs. $0.09 EPS as higher R&D, sales & marketing costs offset 9% revenue rise... Morgan Stanley DWD says results lower than expected... BT Alex Brown downgrades. Hmmm, let's compare: Revenues: Iomega, up 43% to 1.7 billion. Netscape, up 54% to 500 million. Earnings: Iomega, up 100% to 115 million. Netscape, down from a profit to a 115 million loss. P/E Ratio: IOM at 19. NSCP has negative earnings, but assuming 7% profit (which is typical for them until recently) they would be at 39. Market Cap: IOM at 2 billion, which is 1.1 times sales. NSCP at 1.5 billion, which is 3 times sales. Analysts: Analysts for both companies downgrade. Market Reaction: IOM down 35%. NSCP down 4%. So much for efficient markets. I realize that they are in completely different markets. I realize that the valuations are based on future expectations. I realize that I can't expect the world to be fair. But I still don't think it's fair. ;) - Michael Coley - wwol.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next