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

To: RetiredNow who wrote (53001)	4/18/1998 1:00:00 PM
From: John Alan Wallace	Read Replies (2) \| Respond to of 58324

Nice formula and textbook theory. If you believe strongly in it, why do you plan covering at $6 instead of a lower price? JW

To: RetiredNow who wrote (53001)	4/18/1998 1:11:00 PM
From: sheila rothstein	Respond to of 58324

Mindmeld, you did NOT answer Herb's question re AOL's P/E of 500. Before you call anyone stupid check your own financial ability and success. There are many factors you're not taking into account when determining the price of a stock and they are EMOTION, MOMENTUM, HYPE, PAST HISTORY, CEO, INDUSTRY, COMPETITION, FUTURE GROWTH,ETC,ETC SR

To: RetiredNow who wrote (53001)	4/18/1998 2:41:00 PM
From: Rational	Read Replies (2) \| Respond to of 58324

What is classic finance and what is the formula? What finance text books you are referring to? TIA Sankar

To: RetiredNow who wrote (53001)	4/18/1998 3:46:00 PM
From: Herb Fuller	Read Replies (2) \| Respond to of 58324

mindmelt , Re:>>Herb, it's not my theory. It's classic finance. << mindmelt , I will refrain the name calling etc. in my responce to you because this only leads to a person's exposing their ignorance of facts . If you cannot win with the facts then you must rely on putting the other party down with name calling . That being said , you did not explain how AOL can command a 500+ pe ratio because PE has nothing to do with the evaluation of a companies worth when the company is growing at the rate that Iomega and AOL are . The finance book that you are referring to was probably written back in the days before high tech . Today fund managers rely on sales/price ratios to determine the value of fast growing companies . Check and see if your " finance book " refers to the sales/price ratio and if it don't it is out dated and you need to replace it . Good Trading to You , Herb