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

To: Rational who wrote (50874)	3/21/1998 5:50:00 PM
From: Rocky Reid	Read Replies (1) \| Respond to of 58324

Something doesn't quite add up. quicken.excite.com They call for earnings this Q of $0 They call for earnings next Q of .07› They call for 1998 yearly earnings of .44› This means that the last 2 Q's will average more than .18›/share apiece. Notice anything wrong with this picture? IOM will be lucky to realize a .15›/share profit total this year.

To: Rational who wrote (50874)	3/21/1998 10:04:00 PM
From: stock bull	Respond to of 58324

<<1998 earnings are 44 cents and 1999 earnings are 61 cents with a 40% growth rate. Thus with a PEG of 1, the P/E should be 40, which gives a target price of $0.44 x 40 = $17.6 per share. >> Sankar, don't you mean that IOM should be trading at: $0.44 x 15 = $6.60 per share? I seriously doubt that the Street will reward IOM with a PE of 40, even though they may grow at a rate of 40%. Beside, any investor who buys IOM at a PE of 40 is just asking to lose his/her money. Stock Bull