Any info about Iomega (IOM)? Message Board

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

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To: Chad R. Solomon who wrote (7333)	9/20/1996 12:06:00 PM
From: Cogito	of 58324

Gee whiz, guys. What do you expect, a 3 point increase every day? The fact that the price hasn't yet gone below yesterday's close is a very good sign. It means there is no downward pressure. And the shorts are NOT being let off the hook today. The vast majority of them shorted at around 15. So if they are buying today to cover their positions, they are losing money. For many of them this is not the first time they have lost money shorting IOMG. About one thing, though, you are absolutely right. It is not time to sell now. It makes much more sense to hold. You will get a better price for your stock in a few months. - Allen Murdock

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