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

To: balloonman who wrote (50771)3/19/1998 10:43:00 PM
From: Rocky Reid  Read Replies (2) | Respond to of 58324
 
Tomorrow should be another boring day as options expire. But next week could see either another slide down to the $6's, or an incremental move up pushing against $8 to trap more long money in the pool. But in the end, IOM will be lower than it is now by earnings announcement. The earnings math is just too convincing to ignore. IOM fair value = $4.80 PE 15. This is my target to cover my short postion. Good luck.


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