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


To: John Alan Wallace who wrote (37601)11/26/1997 8:39:00 PM
From: sheila rothstein  Read Replies (2) | Respond to of 58324
 
John, I'm no Market Maven, Trufflette is , however I think the reason the P/E ratio is high is because IOM is a rapidly growing puppy and the expectations for earnings for the next year is a 40% increase over this year. So the P/E of 40 doesn't bother me. I own another stock PFE(Pfizer) which presently has a P/E of 44. I'm not worried about that stock either because they have 12 new drugs in the pipeline. I hope I'm right about my complacency... SR