Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: James Strauss who wrote (57808)	11/3/1998 7:28:00 PM
From: Brendan2012	Read Replies (3) \| Respond to of 58324

Before we get carried away with such high stock prices as 13, maybe we should think about the fundamentals of IOM. IOM is losing money. IOM's revenue is decreasing. It looks like IOM, at best, could make 30 or 35 cents a share next year. IOM is already trading at a P/E over 20 for next year's earnings. Sure, IOM might turn things around and become reasonably profitable again (like 97), but isn't it a little early to be predicting a spectacular turnaround? IOM looks pretty fairly priced right now, I'd say. Brendan