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

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To: Rocky Reid who wrote (51659)3/31/1998 9:58:00 PM
From: Gary Wisdom  Read Replies (1) of 58324
 
Rocky, re: This ship is sinking;

As "dumb" as these people are for tying up their money in this sinking ship (Don't flame me, I don't subscribe to this theory), don't you think it's just as dumb for you to tie up your $725 (100 shares X $7.25) shorting it?

Say it goes down 15% in 3 months. That's $100 for tying up your money for 3 months. Not a huge return, especially after commissions.

And, of course, you can't sleep nights knowing that any day there's a possibility that someone will buy the company and you'll get burned.

Oh well. You OBVIOUSLY know what you're doing. <ggg>
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