Any info about Iomega (IOM)? Message Board

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

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To: Teddy who wrote (37653)	11/28/1997 9:31:00 AM
From: spinynorman1323	Read Replies (1) of 58324

Edward, The IOM_W are probably not warrants. As far as I know, they are the "when issued" security related to the upcoming 2:1 split. Here's the NYSE definition of "when issued"... When Issued Shortened form of "when, as, and if issued." Indicates a transaction in a security that has been authorized for issuance, but has not actually hit the market yet. No "when issued" transaction is final, and is only settled if and when the actual security is issued. You can see it will most likely follow IOM on a 2:1 price basis and will go away after the split. Also, kindof surprised there are no LEAPS on IOM. Maybe sometime down the road. Mark

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