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

To: KM who wrote (44402)	1/22/1998 3:35:00 PM
From: RetiredNow	Respond to of 58324

You know, no matter how you slice it, this stock's keeper for at least one year. My calculations: projected '98 EPS = .64 times worst case PE of 25 gives you $16 per share as of 12/98. From here that's a (16-13 / 13) return of 23% return. Pretty damn good! Or if you prefer, with a PE of 30, $19.2 per share and 48% return. BTW, the EPS is expected to grow 40% next year. If this stock takes a dive after earnings, I'm going to buy more. This stock is cheap as it is.