1 eos = 0.0017 eth, that's my guess. My take on this one is it is another "me too" token. Marketing and people looking to double their money over the next six months by buying and liquidating for two to five times their purchase price. As far as utility of the token, I do not believe the white paper covers it well enough. Is this an ecosystem? Or am I just buying a percentage of total available compute? Then we get in to an application architecture conversation and I simply decide AWS dedicated instances are better for current designs as the compute is know and can be scales if usage warrants.
In short, my vote is sell the news and I believe people will become tired of i O's that are focused on big investors (who only want to liquidate for returns) in the near future. I need to see a community and utility that fits a need or the value proposition just isn't there.