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

To: Jock Hutchinson who wrote (52870)	4/17/1998 9:37:00 AM
From: Herb Fuller	Read Replies (2) \| Respond to of 58324

Jock , Re:>>>Price / sales ratio <<< It's my understanding that , when you evaluate a growth company you cannot put a PE ratio to work in your evaluation because of the lack of earnings . This being said , the fund managers and others have been using the price / sales ratio in their evaluation to determine a fair price for the issue . This works in that they know that profits will follow in time . ( ie Yahoo , Aol etc, ) When you look at IOM you were right in that 1 1/2 times sales would be a fair price and that would put the price near $10 at this point in time . What the market will do with IOM this morning with the price is anyones guess because it has a mind of it's own and not to beleaguer a point Iomega should not have split the stock back in Dec. as this has shaken the confidence of the shareholders . Good Trading to You , Herb