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

To: Rocky Reid who wrote (52967)	4/17/1998 10:26:00 PM
From: sheila rothstein	Read Replies (1) \| Respond to of 58324

Check one of Herb's former posts regarding P/E. He explained it better than I can. And I thought you were out on the town tonight. Isn't there anything interesting in NYC tonight or can you not tear yourself away from responding to my bullish predictions? The market has already discounted the bad news and looks forward to the new management and restructuring of the co. SR

To: Rocky Reid who wrote (52967)	4/17/1998 10:36:00 PM
From: Fred Fahmy	Respond to of 58324

<Is IOM going to be afforded a PE of 141? I don't think so.> Surely you know more about the stock market then your post suggests? Your P/E analysis is simplistic and meaningless. Many companies go through periods of no earnings or negative earnings, it doesn't mean their stock price goes to 0 or negative. By Q3 the market will be looking forward. If it looks like IOM is going to start making money again, the high trailing P/E won't mean anything. In fact, a trailing P/E of 141 will still look much better than the most DD stocks. FF P.S. I suppose it is this type of P/E analysis that has lead you to believe that QGLY is a good value. The time to buy stocks is when their P/E's are high and coming down. Not the reverse. In QGLY's case the P/E is low and about to balloon significantly. That's why no one wants to touch it.

To: Rocky Reid who wrote (52967)	4/17/1998 10:39:00 PM
From: Neil_L	Respond to of 58324

Rocky, I think you're getting to hung up on the P/E. With the almost profitless near-term future, the P/E is becoming less valuable. Right now I think the street is still waiting until this standard thing is sorted out. Say what you will about oem sales and %'s, the fact remains that they actually sold a tremendous amount of zips to oem's...unit sales flat with 4/97 in a seasonably slower quarter with many of the computers sold being "sub$1000" means there still is good demand for the product. Once the Sony story starts to fade or the critical mass number is reached (whatever that is), this stock is going to be bought on the basis of almost guaranteed profits from disk sales (note I said almost). This is why the stock was stable today (and almost ignored). P/E's...its just not that simple. Oh and btw, p/s wise its looking a little cheap.