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

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To: Robert Skinner who wrote (9490)10/20/1996 6:45:00 PM
From: bull   of 58324
 
Bob-I hope for your sake you didn't jump in too early, NYSE Institutionals and Funds like reasonable PE's. IOMG 70- How much higher can it go? Think about it. No more Nasdaq manipulation there. PE has to come down gradually until NYSE listing. Then, I expect it to shoot up on excitement like AOL did-so you should do OK-maybe-then come down-just like AOL.Net income is Only $44 mil, Market cap $3.3 Billion Remember, AOL is in more PCs than ZIP-and it has a "revenue stream" something the street likes. The "razor" theory doesn't cut it.
I'm sure you buy more razors than disks. And you will always have to shave. You will not always have to back up to a zip. Good luck.
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