Any info about Iomega (IOM)? Message Board

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

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To: Philip Eskelin who wrote (38639)	12/5/1997 7:20:00 PM
From: Ken Pomaranski	Read Replies (2) of 58324

<< I'm worried the Dec 35s will be out of the money and unsellable by the last week before expire >> Simple fact: you will lose money in the long run if you buy out-of- the-money options. Why you bought these in the first place I'll never know.. Go to Tahoe, man! To be successful (in the long run) you MUST use in-the-money options and trade the short side (creating bull spreads for credits ) during the life of the contract. That way you'll almost always make money... kp

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