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Non-Tech : Any info about Iomega (IOM)?
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To: Rocky Reid who wrote (23561)5/28/1997 3:20:00 PM
From: fut_trade   of 58324
 
<The institutions like making their pocket change from buying and shorting this stock because it is just so predictable and cyclical. The next earnings are due in a couple of weeks, so a slight run-up is in order. We may have begun this today, as a matter of fact.>

Why would anyone short the stock at it's present level? I think most of the shorting was done in the upper 30's to lower 40's.

I'm still waiting for your prediction that IOM will hit 15's, then 14's, then 12's.
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