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

To: Brent D. Beal who wrote (43285)	1/13/1998 10:54:00 AM
From: s. bateh	Read Replies (1) \| Respond to of 58324

Brent.....you sound like I did a few weeks ago when we went from 33.5 to 24......we are up a 1/4.....just relax....give it a couple of weeks and i know (hope) you will be rewarded.....my sources at merisel and ingram still are blowing out inventories and getting plenty in at the same time......looks good to me.....but am just as pissed as you are..but look at the bigger picture.....thanks

To: Brent D. Beal who wrote (43285)	1/13/1998 11:10:00 AM
From: Ben Antanaitis	Read Replies (1) \| Respond to of 58324

Brent, I think that the market is waiting, before plowing into a peripheral manufacturer, to see if the CPU and box makers project the number of boxes for the Zips/Jaz to go into. IOM isn't the engine, just a boxcar. Ben A.

To: Brent D. Beal who wrote (43285)	1/13/1998 1:14:00 PM
From: Andrew Shih	Read Replies (2) \| Respond to of 58324

The problem with IOM stock is that it falls in/out of favor for long time periods. For example, last year we slowly dropped from $20 to $14 (pre-split). From there it was about 150% up to our recent highs. We are once again trapped in a downtrend. The problem is that when this trend is broken, it will probably be a very sharp rise (20% in a day or two). Assuming that Sony doesn't dump HiFD drives later this year and that Iomega can continue ramping up capacity, we should see a 50% to 75% rise this year. That would roughly return the P/E ratio to the historic IOM range between 30 and 40. Unfortunately, we are not afforded the same P/E as Yahoo <g>. -Andrew