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Non-Tech : Any info about Iomega (IOM)?
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To: HardMoney who wrote (33559)10/27/1997 3:08:00 PM
From: Bearded One  Read Replies (1) of 58324
 
Maybe this isn't the right time to say this (as an IOM bear), but:

To those of you who complain about us bears artificially depressing the stock--- did you ever pause to consider the effects of buying naked calls? It basically is a bet on the company without actually supporting the company itself.

If you want to support Iomega, you should buy the stock, not the options.

And yes, buying December 30's at 1 1/16th is nuts.
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