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Non-Tech : Any info about Iomega (IOM)?
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To: Cogito who wrote (50444)3/17/1998 7:00:00 PM
From: Rocky Reid  Read Replies (1) of 58324
 
>>Figuring on earnings of -.01 is not conservative. It seems very optimistic to me. The way I figure it, a 10 to 25 million dollar loss gives you a range from around -.04 to -.10.<<

You're right. Plugging in a $10 Million loss (-.04›), with a P/E of 15 gives an IOM stock price of $3.90. Plugging in a $25 million dollar loss (-.09›) yields $3.15.

Again, all should feel free to do the math themselves.

Folks, this baby's going much lower. Count on it.
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