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Non-Tech : Iomega Thread without Iomega

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To: Sonny who wrote (6477)1/22/1999 1:14:00 PM
From: Sonny   of 10072
 
Like I expected, looks like great action by a few big boys ... looks like they took advantage of this morning's downdraft and got in IOM heavily ... look at IOMCU Mar'99 7.5 Iomega calls ... a few parties must have bought at least 1104 calls today (~ 1197 - 93_OI) :

cboe.pcquote.com

at 1-11/16 and with a normal expectation of at least a doubling in price by third Friday of March, they think IOM is gonna be at least $11 by then (or may be 10 in Feb ... or may be 9.5 just next week or ... :-) ). To me, it looks like an explosive buying opp. For a big boy, an easy 10% in a week or 25% in a month or ... not bad at all ... just for buying even the IOM stock (and not options)!

regards to all,
-/Sonny.
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