Any info about Iomega (IOM)? Message Board

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

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To: Erik J. Lupien who wrote (7503)	9/24/1996 9:35:00 AM
From: gary catalano	of 58324

Well it basicly says that the shorts are getting hammered. with the rise of america on line up 36% ,iomega up 41% usr up 35% micron up 41% ASCEND UP 23% AND DIANA UP 27% from there lows recently. says that any stock that has 25% of float shorted makes it hard to buy back in and cover. fund managers are purposely target short sellers in a effort to drive them out of the stock.by having there brokers recall any of these stocks that have been lent to shorts.if the shorts can't find any shares to borrow they are forced to buy shares in the open market in order to return them.which helps drive the price up. long iomg gc

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