Any info about Iomega (IOM)? Message Board

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

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To: Dale Stempson who wrote (8405)	10/7/1996 2:27:00 AM
From: Jay Chaffin	of 58324

Dale, If I recall correctly, Q1'96 was a good move to the upside. Winner Victorious documented only buying calls (out of the money) on Announcement Thursday. Don't know if a straddle would have worked. Last quarter was certainly a good move down upon earnings announcement. Stock ran up to 29 on Thursday (closed at ~27?). After earnings and the famous "challening" comment, closed at ~22.5 on Friday. In addition, it should be noted, that for the last several months the stock has closed on a strike price +/- 1/4 or so on expiration Friday. Good Luck!! Jay LONG

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