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

To: FuzzFace who wrote (53313)	4/21/1998 6:33:00 PM
From: Herb Fuller	Read Replies (1) \| Respond to of 58324

Edwin , Re:>>> Waiting to Enter ? <<< ====================================================================== Then : To: +Naggrachi (52533 ) From: +Edwin Peters Wednesday, Apr 15 1998 10:39AM ET Reply # of 53314 I'm not in yet. I sold at the low 30's around Thanksgiving, but let the bullish sentiment get to me, and so in Dec I bought back all the way down. I ended up selling half at 9, half at 10 post lit. Waiting for 5 1/2 to reenter. ===================================================================== Now: April 21 ,1998 After a cruel 4 months, the trend is once again up. I'm looking for a pullback to about 7 1/2 to enter. ===================================================================== Edwin , we should all have your patience . What a difference a week makes , Herb

To: FuzzFace who wrote (53313)	4/21/1998 7:08:00 PM
From: sudhendar h	Read Replies (1) \| Respond to of 58324

I have been a longtime lurker on this thread and I do know that Rocky is often more a troll than just a bear but this ad nauseum reference to P/Es is getting a little old. Today's Forbes Online has a couple of good articles (www.forbes.com) on precisely this issue - in this market, what are the most relevant evaluation metrics? It's a very good read. Rocky, I hope you take a look at them before you enlighten the readers on this thread about IOM's P/E once more. Those articles discuss metrics like price-to-book and price-to-cash. Given this last quarter's negative cash flow, I guess more ammunition for the bears. However, the Forbes articles don't mention price-to-sales ratios at all. I'm thinking that in proper context, P/S could be an excellent indicator, and based on that IOM's price is not really out of whack (about 1.1). Regards, -sudhi (a nervous long, but good to be back in black tho')