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Non-Tech : Iomega Thread without Iomega

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To: Cogito who wrote (2930)11/2/1998 4:30:00 PM
From: Cogito  Read Replies (2) of 10072
 
Rocky -

Once again, I have shown amazingly bad timing. The comparison chart for IOM vs. YHOO will not support my case after today, I'm sure.

Yahoo up more than 14 points today. Amazing. In the June quarter of this year they lost more money than they had lost in the entire previous year. They have no trailing P/E, and their forward P/E is over 350.

Yet they currently have a market cap of more than 12 billion dollars! This stock has had an amazing run.

Not exactly a value play at this point, though.

- Allen
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