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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Rocky Reid who wrote (34095)	10/30/1997 8:31:00 PM
From: Brendan2012	Respond to of 58324

Never is a strong word Rocky. Sentiment can change. Movers do not always stay movers. Brendan

To: Rocky Reid who wrote (34095)	10/30/1997 9:17:00 PM
From: TLane	Respond to of 58324

<<33-40 already accounts for more than a year of growth, and with projections for revenue gains to decline rapidly year to year, it's PE will drop accordingly. >> YO ROCK... P/E stands for price to EARNINGS ratio. Revs & earnings move in lockstep only in your rigid little world. Your evaluation of Iomega & their market is still wrong. :-) You're STILL the MAN!

To: Rocky Reid who wrote (34095)	10/30/1997 9:34:00 PM
From: Gary Wisdom	Read Replies (1) \| Respond to of 58324

<<What if I were to propose the opposite? >> Rocky, It amazes me how ignorant you can be. With current year's earnings assuredly coming in at least at the $.88 level, today's stock price reflects a P/E of 29. Based on next year's definite minimum earnings of $1.20, the P/E is 21.5. Where do you get the 33-40 range? Regarding the Street's love affair with Syquest, I don't get it. The stock's @ $4 and change. That's love? I recollect that it was $6 sometime in the last 2 weeks. That's a 33% haircut. No? Regarding your idiotic comment about institutional ownership, if the % was as low as 9% last year, and is now 15.4% as of a few months ago (I bet you it's much higher now-we'll know in 2-3 weeks), how is that a bad thing? I would surmise that the institutions bailed out of the stock when the internet hype drove the price levels of the stock to a point where it did not make sense to own a stock with a P/E of 100 or whatever. Even a lovely stock like Dell is getting dumped by institutions now due to its rich price. Regarding respect from the street, I believe Iomega gets lots of respect from the street. Just because the specialist is smart enough to drive pansies like you out of the stock after a few points, doesn't mean the market doesn't respect Iomega. The huge amount of blocks going up in the past few months should indicate to you that there is certainly someone that loves this stock. As for Syquest, I won't waste my time with you on this one. You already bailed out of your position, so you obviously don't have too much confidence in the company. If you're dumb enough to think that a company that shows lower and lower earnings and revenues each year is going to compete with Iomega, then that's your problem. The fact that owners of Syquest exercised 7 MM shares of warrants AND THEN SOLD THEM should warn you that this is a sinking ship. I only ask that you stop showing your ignorance in public (more to the point, on this thread). Of course, should you have some useful factual information, we would all appreciate it.

To: Rocky Reid who wrote (34095)	10/30/1997 10:02:00 PM
From: KM	Respond to of 58324

RR: "AOL and DELL" proven movers: Ya, they'll be proven movers in the near future, but not in the direction you envision.

To: Rocky Reid who wrote (34095)	10/31/1997 2:41:00 AM
From: Cogito	Respond to of 58324

Someone told me a way to delete a post completely. Can you tell me again how to do that? And then can you tell me how to go back and delete it several hours later, and to delete it from the minds of every one who read it? I'm just a bit crabby because I have been working 12 to 16 hour days for the last 12 days straight. And on what? Network upgrade project for a huge chemical plant. Apologies to all for being touchy. - Allen

To: Rocky Reid who wrote (34095)	10/31/1997 3:42:00 AM
From: Ken Marcus	Read Replies (1) \| Respond to of 58324

Rocky Says:>>A year ago, IOM's Institutional ownership was around 17%. This year, it dipped to around 9%, and recently has made gains almost back to where it was one year ago.The low Institutional Ownership of IOM stock says mountains about what the Big-Wigs think about it. They don't. Therefore, IOM stock will never enjoy the fruits of being a favored issue-- like AOL and SYQT.<< Never?? Basically, I disagree with you. Memory fades and along with it the internet hype image of Iomega. Just like overhead resistance, the farther back it is the more meaningless it becomes. Money eventually flows to profitable companies. Short term emotions are meaningless. >>Bear in mind that Iomega's year to year growth is rapidly maturing and levelling off. It's current PE range of 33-40 already accounts for more than a year of growth, and with projections for revenue gains to decline rapidly year to year, it's PE will drop accordingly. << PE is based on earnings not revenues. I expect Iomega to have good recenue growth, but I expect them to have great earnings growth. Royalties don't increase revenue much, but they are 100% profit. As far as slowing earnings, "135 percent increase over third quarter 1996 earnings" is enough for me. Still long, Ken