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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (6633)1/23/1999 2:15:00 PM
From: Rocky Reid  Read Replies (1) | Respond to of 10072
 
>>My rule of thumb approach says they've beaten earnings estimates by > 40% for two consecutive Qtrs... If we take the .35 eps est x 1.4 (40% eps surprise), we get .49 est eps... This type of growth could accord IOM a 30 to 50 P/E.<<

You are an unadulterated nutcase. Because Iomega reported 4th Quarter earnings 2 pennies better than expected, you are willing to go out on a limb and say they will realize a 40% increase over expectations for the year. What a fruitball.

It seems nothing's really changed around here after all...that is to say, the Iomaniacs are out in full bloom.



To: James Strauss who wrote (6633)1/24/1999 12:25:00 AM
From: James Strauss  Respond to of 10072
 
Insider Buying...
~~~~~~~~~~~~~~~~~~
Insiders know more than we do, and they've been buying for the last six months...

quicken.com

Even Briscoe bought 200,000 shares...

This tells me that those running the business, past and present, must believe that IOM is a good investment...

So, whatever the doomsayers may say, the amount of buying of IOM shares by its insiders is a very positive sign of where they think IOM's future prospects are going to be...

Jim