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

To: sheila rothstein who wrote (52965)	4/17/1998 10:20:00 PM
From: Rocky Reid	Read Replies (3) \| Respond to of 58324

>>All the negative factors are out and the positive factors will prevail in the next 6-9 months. IOM is not ready to lie down and play dead. SR<< Sheila, right now, at $7 1/16, IOM has a PE of 27.1. What makes you think that IOM is going to be rewarded with anything more than this, let alone the fact that they warn of more losses to come? If IOM just breaks even next Quarter, it's PE will be 44.1 if it stays exactly at $7 1/16. If IOM breaks even again in the 3rd Quarter, its PE will be 141. Let's lay this out: IOM share price $7 1/16 2nd Q breakeven PE = 44.1 3rd Q breakeven PE = 141.25 Is IOM going to be afforded a PE of 141? I don't think so.