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


To: stock bull who wrote (44609)1/22/1998 8:30:00 PM
From: Proud_Infidel  Read Replies (2) | Respond to of 58324
 
ReThe p/e ratio is therefore: 9/0.42 = 21.43. Seems to me that a growth company should trade at a greater p/e than 21.

I am not saying it will, only that it can, fall considerably from here depending upon how bleak the street looks upon IOM. Remember, when things turn south, WS doesn't pay a premium. Look at WDC now with a TTM p/e of 6. AMAT traded at a p/e of about 8 during its low. Don't kid yourself. Everything depnds upon how the manic-depressives on WS see things.

Just my .02

BK