Any info about Iomega (IOM)? Message Board

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

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To: Winner Victorious who wrote (4486)	7/18/1996 12:14:00 AM
From: Jay Chaffin	of 58324

WV, Looking at slightly out-of-the-money calls this quarter before the earnings announcement?? Your move last quarter worked pretty well, yes? Speaking of IOMG options, have you seen the quotes for IQGBJ?? Last trade was $2 3/4... That's over a 10% premium on a call ~23 pts out-of-the money! Even if IOMG called away by Feb expiry, you get ~100% return in 7 months. Certainly nothing to sneeze at! Of course, as always, if IOMG is significantly above $50 in Feb, you lose out on some profit, but nobody ever went broke taking a profit, especially a 100% profit. What do you think? I don't play options (yet), but am learning. Jay LONG on IOMG

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