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Non-Tech : Any info about Iomega (IOM)?
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To: Armen Kassabian who wrote (4996)7/24/1996 12:44:00 AM
From: Biao Zhao   of 58324
 
Armen: You are absolutely right. Just amazing to see that people always make the same mistake of "buying at high and selling at low". I believe that the downturn spiral these days are due to margin squeeze, just like short squeeze that happened when IO was shooting up. The stock should stabilize around 15, and will improve when market conditions improve, may take a few weeks or month.

Regards,

Biao/Byron
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