Any info about Iomega (IOM)? Message Board

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

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To: Gary Wisdom who wrote (33369)	10/25/1997 6:32:00 PM
From: Gary Wisdom	Read Replies (2) of 58324

Syquest Short Interest Short interest increased 40% month over month on SYQT from September to October. Sept: 4303265 Oct: 6061583 Either someone's very right or someone's very wrong. We'll see. The funny thing about this stock with the huge volume they experienced this past month, is that there were 60 MM shares O/S and just about that much traded. So, would it be fair to say that all the old holders of SYQT stock bailed, dumping the stock on the uninitiated and naive? Considering that the preferred shares of SYQT gave holders the option to sell the stock at any time for no less than $3.06 per share, could it be that they were selling to lock in a profit?

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