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Non-Tech : Any info about Iomega (IOM)?
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To: Rocky Reid who wrote (53304)4/21/1998 6:11:00 PM
From: FuzzFace  Read Replies (2) of 58324
 
You know that trailing PEs are not a reliable way to value a company, especially after it has had one or more losing quarters. The forward PE is more meaningful when a company is in the black and growing, and projected sales growth is more meaningful in any case. So it looks like someone is projecting big sales growth. Probably in Clik!. Maybe in Zip too, what with the new retail ATAPI Zip now out.

After a cruel 4 months, the trend is once again up. I'm looking for a pullback to about 7 1/2 to enter.
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