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

To: KM who wrote (52058)4/7/1998 12:09:00 PM
From: Rocky Reid  Read Replies (1) | Respond to of 58324
 
see next message.



To: KM who wrote (52058)4/7/1998 12:11:00 PM
From: Rocky Reid  Respond to of 58324
 
(More like Utah Turkey?) UGH! You beat me to it Truff!

I hope that the typical Iomaniac's hatred of me didn't get in the way of one making a wise decision by bailing out of this pig last week. Expect more margin calls, and thus more sell-offs till $4.80. Remember, this stock is still expensive at $6 5/16 with its new Earnings numbers added in. Forward PE still above 20-- too high for a rapidly declining company. Expect a PE of about 12-15 after earnings.

Oh, Hi Truff.


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