Any info about Iomega (IOM)? Message Board

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

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To: Jeffery E. Forrest who wrote (8822)	10/15/1996 6:52:00 PM
From: Patrick Keeler	of 58324

>>> 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!) <<< I thought CompUSA reported very nice results. Iomega changed suppliers this quarter. The whisper number is a LOSS of $0.03. >>> An 80+ P/E and 9 BILLION market cap. Something like 16 times book value (not sure of that figure, I'll check) <<< Which figure are you not sure of? The PE is correct (although its not exactly smart to value high growth stocks on trailing 12-month eps). The PE on average 1997 estimates is 27. Maybe someday the PE will expand to surpass Coke ;) The market cap is off by a factor of 3 (only ~$3 billion). Book value for a tech stock, especially a fast growing one, is meaningless. What's US Robotics or Microsofts book value? >>> 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. <<< Your chart looks lousy because you are probably short. Iomega has been in an uptrend since Labor day. This quarter was challenging and I don't expect them to do better than H&Q estimates. >>> 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 <<< Recent uptrend is in anticipation of 4th quarter. 3rd quarter $0.06 to $0.07 eps is factored into the stock.

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