The New Iomega '2000' Discussion Group Message Board

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Non-Tech : The New Iomega '2000' Discussion Group

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To: Gottfried who wrote (1306)	7/2/1999 12:04:00 AM
From: Reseller	Read Replies (1) of 5023

Short-seller Marc Cohodes of Rocker Partners have to buy a lot of IOM shares and I like that, I think we'll be friends, it appears that IOM has bottomed, and they haven't covered. This has to be scary if you consider that by not covering in the 3's those short have lost $23,000,000 give IOM a little over 4 points and they've lost $100,000,000, that's a 100 million. They're locked into this one, there's no easy way out, either they buy 23,000,000 ( or more by now ) shares and cover or pray that IOM goes out of business and it doesn't look like that's going to happen. IMO the recent revelation that Sony is now buying and selling Zip drives with their systems and Clik! looking to come into it's own has IOM attractively priced and could easily be put into play. I thought I heard champagne corks popping when IOM preannounced but alas it was liquid Maalox being passed around. Is there any doubt why they're bad mouthing IOM so much. Regards Reseller

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