Any info about Iomega (IOM)? Message Board

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

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To: LENNY S. SR. who wrote (40592)	12/18/1997 5:30:00 PM
From: Ken Pomaranski	Read Replies (3) of 58324

Yes, the shorts will have twice as many shares to cover. Also, it looks like the stock will split to about 12 or so. This gets very, very dangerous for the shorts. This EXACT SCENARIO happened after the 3-1 split 2 years ago, almost to the day. The stock went up 10x from that point, due (in part) to the resulting short squeeze. kp

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