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


To: Robert Skinner who wrote (50380)3/17/1998 8:22:00 AM
From: Rocky Reid  Read Replies (2) | Respond to of 58324
 
P/E woes for IOM

Warning- IOM still has plenty of room to fall.

Assuming IOM reports (-.03›)loss this Q, at it's current price of $7 1/8, its P/E will be nearly 24.

Even with a (-.01›) loss, the P/E is still 22

P/E 22 for a declining company? Do the math yourself. It gets rather ugly.