Any info about Iomega (IOM)? Message Board

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

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To: Hunter Vann who wrote (53271)	4/21/1998 2:34:00 PM
From: Rocky Reid	Read Replies (2) of 58324

I can be as patient as anyone. This stock is headed for the $3-$4 range within 1 1/2 years. The market is often not efficient in the short run as demonstrated by today's action, but fundamentals have a way of sneaking up on stocks one way or the other. And IOM's fundamentals look very weak. IOM's price at $8 3/8 will give it a PE of 52 if they break even next Quarter. If they break even again in the 3rd Quarter? PE = 167. I am patient enough to wait for a general market correction before shorting again. If IOM looks to be a good contender during the market collapse, I'll give some thought to shorting it.

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