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


To: Gary Wisdom who wrote (45368)1/24/1998 2:46:00 PM
From: Rocky Reid  Respond to of 58324
 
>>At 50 cents, we're trading at 18X forward earnings for a company that is growing 80% per year.<<

Uh, Gary... IOM 1997 EPS .42› vs. 1998 EPS .50› is only 19% growth year to year. This is exactly what I've been saying all along. The growth rate is maturing very quickly, and Iomega's EPS will be lucky not to actually decline a little in 1999.