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

To: Richard Smith who wrote (37635)11/27/1997 6:05:00 PM
From: Cogito  Respond to of 58324
 
>>my wild guess is that iomega will split at 50 or more on december 22.<<

Richard -

Hmmm. That would give IOM a trailing P/E ratio of 68.5. Pretty hefty.

I'm not saying it won't happen, but if it does it won't necessarily be good for the stock in the new year. I'd rather see it hit 25 post-split after a terrific earnings report for the fourth quarter, and following several solid OEM announcements for Clik.

- Allen


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