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

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To: Zebedee Wright, Jr. who wrote (36447)11/19/1997 1:56:00 PM
From: isdsms  Read Replies (2) of 58324
 
<<I got called out 2 months in a row and bought the stock back the following week for less than the strike
price, so maybe you should have let them ride.>>

I really felt that today, would be the day that we would see weakness. Did not feel that yesterday set the stage for what we are seeing today. I didn't want to take the chance on leaving so much on the table, so I took out this little insurance policy (Feb35). If the stock does come down, so will the premium in the calls and that's when I'll cover. I think that Iom is good to go to 19-20 in January -Feb, so I certainly want to be as greedy as possible!

Ira
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