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Non-Tech : Any info about Iomega (IOM)?

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To: Peter Caradonna who wrote (6336)8/20/1996 8:18:00 PM
From: Sabrejet   of 58324
 
I think your hoping and that's a sign of weakness. It takes more knowledge to sell a stock and take a loss (avoiding an even bigger loss) then to hold one and believe it will go up! As far as my portfolio is concerned and my analysis, there is no way you will see 25 in September. I'll buy you a beer if it does! Sept 12.5 puts are on the rise. Too much big money in those to see a move up. Heck those guys will short the stuffing out of that stock if they smell blood close to 12.5. Tracking that angle alone will give a feel for where this issue is headed.

BTW IOMG is not taking off, it's on final approach.

Rich
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