Any info about Iomega (IOM)? Message Board

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

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To: sheila rothstein who wrote (50867)	3/21/1998 3:17:00 PM
From: Rational	Read Replies (2) of 58324

Consensus estimates after the IOM announcement are out at IBES (Yahoo! and Zacks have not updated yet): quicken.excite.com 1998 earnings are 44 cents and 1999 earnings are 61 cents with a 40% growth rate. Thus with a PEG of 1, the P/E should be 40, which gives a target price of $0.44 x 40 = $17.6 per share. On the insider buying, I now believe that the IR person did not clarify that the increase was mainly due to the split. There have been some buying, but, obviously, not as much as 10M. Thanks to those who posted more information on the filings of proxy statements. Sankar

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