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

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To: Troy Shaw who wrote (36737)11/20/1997 7:40:00 PM
From: Gary Wisdom  Read Replies (2) of 58324
 
Here's the ACCURATE short interest figures for Iomega as of Nov. 14

From the WSJ

October 15 12,109,741
November 14 13,885,724

14.7% increase
Avg trading volume 3,427,177

Some pertinent facts:

Trading range from October 15 to November 14: $22 - $30

Stock closed at $28.6875 on November 14

THUS, EVERY SINGLE PERSON THAT SHORTED IOMEGA DURING THIS PERIOD IS IN A LOSS POSITION.

HA HA!!!!!! Just goes to show you not to mess with the best!!!

Watch out. Very soon all 13 MM shares will have to be bought back. We haven't even begun to see the top on this stock.
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