Any info about Iomega (IOM)? Message Board

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

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To: isdsms who wrote (50279)	3/16/1998 8:35:00 PM
From: FuzzFace	Read Replies (1) of 58324

<No one should buy this stock for it is certainly going down from here. How far...who knows?> From: Message 3237967 : Price = (eps * 5) + 7 Thus we see if IOM had posted no earnings, and instead spent the whole $36M bucks on price reductions and advertizing, tomorrow, it would only go down to 7. Yet they would have clinched the floppy replacement race for sure. It's not too late to try it. What do we have to lose but 2 more bucks off the share price. So IOM is now priced for $0.00 earnings this year. If it gets down to 5 1/2, it will be priced for -0.30 eps this year. Now I'm finally getting the hang of this!

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