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


To: Rocky Reid who wrote (50487)3/17/1998 8:07:00 PM
From: Zebedee Wright, Jr.  Read Replies (1) | Respond to of 58324
 
Rocky

Like I said before Rock, why not a PE of 70. With .10 earnings for the year, thats a $7 stock. Dead money for sure, but a very risky short at $7.25.

What's to keep them from beating the revised low estimates?

Then what Rock, go long again at $10?

Seriously though Rock, $3 a share for IOM. All those buildings, brands and machinery have to be worth something. It's going to hurt (being short at $7.25) next week when SEG, WDC, or QNTM says I'll take IOM for $10...$12...$15...

A little scary even for an ex Texan living in the mean streets of the "Big Apple."

Good Luck

Zebedee



To: Rocky Reid who wrote (50487)3/17/1998 8:11:00 PM
From: Gary Wisdom  Respond to of 58324
 
Re: Rocky's <<If so, a PE of 15 will give you an IOM stock price of $1.50.>>

Would Syquest then trade at NEGATIVE $25?