Any info about Iomega (IOM)? Message Board

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

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To: d-fndr who wrote (50788)	3/20/1998 12:12:00 PM
From: Rocky Reid	Read Replies (1) of 58324

RE: Needham & Co Estimates Those quarterly figures add up to .15›, then if one included the next decimal place, evidently to .16›/share for year 1998. Using this .16›/share earnings with a PE 15, the stock price will be $2.40 in January 1999. With PE 20, $3.20. With PE 30, $4.80. With PE 40, $6.40. With PE 50, $8.00 Current IOM PE = 17.26 IOM will have to have a PE of 50 to see a profit from where the stock is right now. Is my earnings math starting to make more sense to even the most die hard Iomaniac? IOM share price is clearly going down from here.

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