Any info about Iomega (IOM)? Message Board

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

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To: Cogito who wrote (47482)	2/11/1998 2:16:00 AM
From: Rocky Reid	Read Replies (2) of 58324

Anybody see my new short AOL reported .17›, 1 penny above estimates. So now, it has a forward PE of only about 120 to 130. And a present market cap of about $11 1/2 Billion. AOL trades at 5 1/2 times Sales. And, to support these numbers, they beat the Street by a penny. So far, I am barely in the money on AOL, 'cause it closed at about $109. I shorted it at $111 1/2. They also announced a 2 for 1 stock split. Maybe the newbies will rush in to think they are going to get AOL On Sale, and push it up even higher. When a stock has this much momentum and Street favor, nothing can stand in its way-- not fundamentals, not reality, not the future. All that matters is that it continues to go Up and Up. * As a side note, the CEO gave a masterful CC. Everything looks so rosy in AOL-Land.

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