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

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To: J P Cross who wrote (8809)10/15/1996 6:37:00 PM
From: Jeffery E. Forrest   of 58324
 
Yeah, it's hot in these damn suits. I see what you mean, but must disagree with your take on this Q.

Rebates always smell fishy, IOMGs suppliers haven't done particularly well, The "whisper number" is still ridiculously high (I'm still hearing people at 11-13 cents!)

An 80+ P/E and 9 BILLION market cap. Something like 16 times book value (not sure of that figure, I'll check)

I am also inclined to believe management when they say "challenging". I also don't see the negativity you speak of (or not enough to count> I like to buy a stock when EVERYBODY hates it). To top it all off my charts look lousy.

I've got alot more reasons to think that this Q will be a "punishing one". I'm looking to NEXT Q. I think thats where the Big Bucks are.
Thanks for the civilized discussion
J.E.F.
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