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


To: Alex Abuin ?+!=$$$ who wrote (34756)11/7/1997 9:17:00 AM
From: cellhigh  Respond to of 58324
 
o.t. due to wdc 80% decreased earnings outlook
you can bump that pe up some.
dont cha think?
market does like looking foward...so do i



To: Alex Abuin ?+!=$$$ who wrote (34756)11/7/1997 9:18:00 AM
From: jhild  Read Replies (1) | Respond to of 58324
 
Careful there on WDC. 20 to 30 cent earnings lowers on a yearly basis the earnings to possibly only 1.00. This gives still a p/e of about 20 even with these lowered prices. Historically they have had good earnings and this may be temporary and it can recover, yada, yada, yada. As a precaution just look a little deeper at the numbers before leaping on this one.