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Non-Tech : Any info about Iomega (IOM)?
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To: Rocky Reid who wrote (21353)4/29/1997 2:18:00 PM
From: FuzzFace   of 58324
 
Rocky and Joel: You are both on record as believing IOM will go down. Just suppose for the sake of argument that IOM goes up. Where will you cover your short positions? I know it would depend on multiple factors, such as how far, how fast and for how long, amongst others, but try to come up with a range you could be reasonably sure you would cover at. You must have thought about it by now, being experienced investors, so come clean. If your answer is to never surrender, then at least tell me at what price you'd suffer a margin call and what you'd do about it. I'm just trying to understand the bear mindset. Thanks in advance.
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