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

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To: RetiredNow who wrote (53001)4/18/1998 3:46:00 PM
From: Herb Fuller  Read Replies (2) of 58324
 
mindmelt , Re:>>Herb, it's not my theory. It's classic finance. <<

mindmelt , I will refrain the name calling etc. in my responce to you because this only leads to a person's exposing their ignorance of facts . If you cannot win with the facts then you must rely on putting the other party down with name calling .

That being said , you did not explain how AOL can command a 500+ pe ratio because PE has nothing to do with the evaluation of a companies worth when the company is growing at the rate that Iomega and AOL are .

The finance book that you are referring to was probably written back in the days before high tech . Today fund managers rely on sales/price ratios to determine the value of fast growing companies .

Check and see if your " finance book " refers to the sales/price ratio and if it don't it is out dated and you need to replace it .

Good Trading to You ,

Herb
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