Any info about Iomega (IOM)? Message Board

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

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To: Chad R. Solomon who wrote (7267)	9/19/1996 3:57:00 PM
From: Young D.T. Nguyen	of 58324

I think the shorts are panicking again. IOMG price 's response to bad news last 2 days indicate a bottom at around 14 and must have taken them by total surprise. I am not sure how tomorow 's option expiration (triple witching, I believe) has to do with today 's big movement, but it does not look good for the shorts and the folks who bet on puts. All we need now is a significant surprise in 3Q revenue and earnings and the momentum will be reserved, IMO. Proved once again to us all that it is extremely difficult to predict price in the shorterm. Two days ago, folks were saying that this stock is dead. Today up about about 20% so far.

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