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

To: Brendan2012 who wrote (45283)	1/24/1998 2:09:00 AM
From: Rocky Reid	Read Replies (1) \| Respond to of 58324

>>This is just so strange--Rocky an IOM long who's waiting to buy more?!<< A while ago, the question was posed to me "What PE do you think Iomega deserves?" I said PE 20. Well, here we are (we're even below that), although it took a bit longer than I thought. From here, IOM could be good for a 40%-50% profit by the end of the year. That's not bad. Now that IOM's PE is down to normal levels, I am more bullish. It now has a chance to appreciate in a greater percentage than before. However, Iomega has severe problems ahead as they try and get the Zips in more OEM's. As the OEM's increase, the tie ratios decrease. Catch 22 to be sure, and forward estimates will have to ne reduced to deal with it. Estimates for $15-$16 share price by December sound good to me. Good Night