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Non-Tech : Any info about Iomega (IOM)?
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To: Linda Pearson who wrote (34433)11/4/1997 11:43:00 AM
From: Gary Wisdom  Read Replies (1) of 58324
 
To: Linda Re: Why $29.50?

Linda,

Actually, I picked $28.75 at first and then cancelled (luckily) before it hit.

I picked $29.50 because I don't think we'll hit $30 before Comdex. At that price, I'm happy with the profit made on some of my long shares, and it locks in a profit for me on some of my calls.

Also, not to beat a dead horse, based on previous experience with Iomega, it is very volatile. I will cover if it ever hits $28.50. Again, I hope it never does . . .
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