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


To: Dave Krishna who wrote (43836)1/18/1998 1:51:00 PM
From: Rocky Reid  Read Replies (2) | Respond to of 58324
 
>>It's hard to believe Iomega is a short sale candidate with a close at 12.125 and support at 11.29. Not much room on the downside unless something changes fundamentally.<<

May I remind you that IOM's P/E is still well over 30. It has room to fall. INTC, a very high quality stock, has a PE under 20. IOM could fall as much as 1/3 in price and still be fully valued fundamentally.