Any info about Iomega (IOM)? Message Board

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)?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: who wrote (3138)	6/18/1996 12:35:00 AM
From: Jay Chaffin	of 58324

Frank, As far as your comments are concerned: >>I would like to hear your comments on the 5,750,000 share dilution at $35/share when everyone else had to pay $42/share. Many of those institutional investors took their cool 20% profit the same day the stock was issued to them.<< Most of the people on these IOMG threads are aware that 5M shares were sold to raise cash and 750k shares went to JP Morgan (and H&Q?) to cover costs... not an unusual practice. Those institutions that took their 20% profit that day will likely wish they hadn't by the end of the year in my humble and bullish opinion. Jay LONG on IOMG

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next