Any info about Iomega (IOM)? Message Board

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

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To: Joel Sternberg who wrote (18486)	3/21/1997 10:07:00 AM
From: Stan J. Czernel	of 58324

Joel, babe: <- Pete< I believe it has already been pointed out that: 1) there had been ample evidence of recent short covering 2) how easy it was to "cover" in this environment, i.e. no "squeeze" in sight.> About 1: Yes Joel (i'll type slowly, so you get it): when the number of shorts d-e-c-r-e-a-s-e, it is because of short covering. How much insight does a definition take? About 2: Though there was "no sign of a squeeze in sight", does not explain why covering is happening now . If, as you contend, Iomega is such a no-good, bloated, hyped, overvalued hog of a stock - fated to be outdone by any company that can figure out how to spin a disk - why not ride it down to zero? Your logic is getting a little ragged.

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