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

To: Jock Hutchinson who wrote (52891)	4/17/1998 11:19:00 AM
From: Rocky Reid	Read Replies (2) \| Respond to of 58324

Once again, average daily volume continues its slide downward. It'll take a couple of days for Yahoo and other quote services to display the correct PE with the new losses added in. I must say I am not suprised that IOM is not taking a beating so far today. My prediction of a $6 3/4 close seems within the bounds of reason. But next week, when the quote services start displaying the correct PE ratio, correct earnings, and the news reports more analysts downgrades (due to no profits until "hopefully the 4th Quarter") , IOM should start its slide down to its fair value - $4.80.