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

To: Rocky Reid who wrote (50411)	3/17/1998 12:37:00 PM
From: Zebedee Wright, Jr.	Respond to of 58324

Rocky They could just as easily be given a PE of 70 with .10 earnings. Then you still have a $7 stock. Not really sure if the risk/reward plays out on IOM being a short candidate right now. Good Luck Zebedee

To: Rocky Reid who wrote (50411)	3/17/1998 12:42:00 PM
From: stock bull	Read Replies (1) \| Respond to of 58324

Rocky, a pe of 15 would be my estimate. Maybe a little lower, like a pe of 12 to 13. Keep in mind, Wall Street hates this stock. I wonder if KE sleeps at night. Stock Bull

To: Rocky Reid who wrote (50411)	3/17/1998 3:56:00 PM
From: Dale Stempson	Read Replies (1) \| Respond to of 58324

Re: >>>I am thinking of shorting right now with a price target of $4.85. I get this 30%+ profit by giving IOM a PE of 15 after Earnings. What do ya'll think? Will IOM be rewarded with a P/E 15?<<< My play is simple. I think the revenue and earnings shortfall will continue for at least one more quarter (minimum). I'm waiting to pounce on a bear position on any return to $8. My target low will depend on the next piece of bad news. I'll switch on a dime however if KE can successfully explain why the revenue shortfall is a one time event. In my experience, they're almost never one time events. IMO, today this stock is a dog (never thought I'd be saying that). Regardless, I hope EVERYONE makes a fortune with their investment choices. Good luck. Regards - Dale