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

To: sheila rothstein who wrote (37603)	11/26/1997 8:48:00 PM
From: Alan Slife	Respond to of 58324

Sheila, no market maven or teckie but I get a real sense that Iom is paused for a big leap as the notebook zips start to bloom. I also see the stock split as an omen of future growth in that KE must feel very secure in offering new options to the workforce that will increase in value. Finally, a plan that keeps its eye on long term growth and shareholder value. Yes 40x earnings is doable for some time to come. Alan Gobble gobble

To: sheila rothstein who wrote (37603)	11/26/1997 9:06:00 PM
From: John Alan Wallace	Read Replies (2) \| Respond to of 58324

<<<So the P/E of 40 doesn't bother me.>>> I think you misunderstood me. Like you, I am not worried about the PE at 40 or even 50 but was trying to pinpoint the reason why the "street" seems to be giving up PE of 40-44 the last couple weeks versus the PE 36-40 the previous couple qtrs. If the extra PE was due to higher expected growth I think we could expect a stock price of greater than $40 in the last half of January. If the extra PE is due only to the expectation of hitting estimates for this qtr then I think we could only expect a high of $36-38 by then. I guess something in between is most likely. JW