Any info about Iomega (IOM)? Message Board

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

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To: Franco Forghieri who wrote ()	7/23/1996 9:41:00 PM
From: Steve Wiz	of 58324

READ THIS-II- First of all to Mr OSMAN, Iomega's market cap is 1.9 billion with at least 1.0 billion in 96 revs, Yahoo's market cap is 429 million with no profitability in sight for a decade how about that ratio my friend! Second, everyone on this board needs to read Investment Psychology Explained by Martin J Pring. Everyone sounds like basket cases. I don't now where IOMG is going, know one does. But this is just a scenerio one could possibly look at. Load up on the physical shares of IOMG starting at 14-16. Then camoflouge as a short and load up on Aug 15 puts at the same time. If IOMG craters to 8 or even 11- either sell options in market or exercise and make a killing. If IOMG catapults back up good- if it craters to 8 take your put winnings and load up on IOMG long. At that point which i think will never come, turn on the shorts. This is just a hypothetical scenerio though. Anyways and this might not be indicative to the US as a whole but JAZ are still very scarce around the burbs of DET. Concerning whats happened everyone else has taken a stab at it but this is whats going on. Institutional money managers find it imperative to raise cash levels in case of redemptions which are rising and further market deterioration. They can not raise cash buy selling illiquid techs because they have such a small float they will implode the stock. So, they turn to more liquid techs like MSFT, ASND AND IOMG. They can get their money out of these stocks because they are dripping with liquidity. It has nothing to do with fundamentals and thats why times like these many wise investors become rich.Although short syndicates are making things worse for IOMG they are just creating a bigger oppurtunity in the long term( I do agree with some that they have slightly impeded IOMG's growth). I would like to know though were IOMG traded after hours today it could prove very valuable. Anyone? THE WIZ

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