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


To: John Alan Wallace who wrote (46659)2/2/1998 8:58:00 PM
From: John Alan Wallace  Read Replies (1) | Respond to of 58324
 
Anyone have any ideas on a new PE range for this puppy. I have been studying the situation for a while and have come to two conclusions:
1. We won't see a PE of 40 again until/unless Clik! has some real success.
2. I don't think we will go below a PE of 20 until/unless we get some more actual bad news.

However, even if I am right on this it is too broad a range to do any good. Before the last couple trading days I was about to settle on giving 25-30 a shot. But the last three days, when taken together, have left me as confused as the 47 million shares at 8 1/2.

I think I'll just sit tight for a couple months and let it settle in.

Has anyone found anything on who bought those 47 million shares?

Thanks,
JW