SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: Gary Wisdom who wrote (43840)1/18/1998 2:39:00 PM
From: Rocky Reid  Read Replies (1) | Respond to of 58324
 
>>At $12, trailing four quarters' P/E is 33. On Friday, at the current price, the trailing P/E is 26. When a company is growing earnings at over 100% per year, 26 on trailing earnings is a very, very low P/E multiple.<<

There's just one thing wrong with your statement. Iomega's projected growth this 1998 year is just about 35%-- not 100%. Big difference. With the PE so high, IOM is already fully valued at its present level.