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Non-Tech : Any info about Iomega (IOM)?
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To: Rocky Reid who wrote (47828)2/13/1998 11:26:00 PM
From: FilerBill  Read Replies (2) of 58324
 
Rocky,

If IOM were trading at a P/E of 50 I would be agreeing with everything you say. How many companies have you looked at closely. Not many.
The bottomline is they are at least growing revs, have earnings, and
are at a P/E in the 20 range. Lower than the whole friggin S+P!
Why don't you go explain to the MSFT shareholders that their company has to grow, not 5%, not 50%, but 500% percent to fill out their P/E.
They may need more planets full of people before that happens. When IOM gets way overvalued again and their technology really does seem to be challeged lets talk. For now, your just sour on the stock not analysing the future value.
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