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

To: Bill Lin who wrote (52098)	4/7/1998 3:49:00 PM
From: Rocky Reid	Read Replies (1) \| Respond to of 58324

>>The real long term holder might want to wait until the $4.50 downside mark is achieved (if it is ever...), and pick up the lowest cost shares they can. << One thing- my $4.80 price target is not one that came from out of the blue. And, it is not the low-side worst case scenario. Simple math led me to the conclusion of $4.80, giving IOM a PE of 15 after expected earnings (losses). However, the low side is much more sinister. If IOM stays at this same level ($6 7/16 presently) after earnings, IOM's PE will be from 24 to 29. Once this info is realized on the Yahoo quotes, people will finally realize the situation IOM is in. If Earnings come in worse than expected, or The Street awards IOM a PE less than 15, IOM investors could reasonably find themselves holding onto a $3 and change stock. This bars any bad news which may come out at the CC concerning losses for next Quarter. Remember, the computer slow season is coming.

To: Bill Lin who wrote (52098)	4/7/1998 9:00:00 PM
From: stock bull	Read Replies (1) \| Respond to of 58324

<<i'm a bull but looking for the cheapest entry point for an 18 month investment. I believe that the next 2 months will be extremely weak for the market, but summer sales and win98 release will be bullish for Intel, MSFT, and IOM for next 24 months.>> Bill, over the next 2 months, what % correction do you see for the DOW and Nasdaq? Do you think that the DOJ will halt or delay the release of win98? I know you don't have a crystal ball, but would like to read your opinion. Stock Bull