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

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To: Ken Pomaranski who wrote (40594)12/18/1997 11:39:00 PM
From: Naggrachi  Read Replies (1) of 58324
 
<<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.>>

Ken, isn't it funny, the same thought crossed my mind this evening. I remember the stock in the teens at the very beginning of '96, it went down lower because managment was trying to float a secondary. However, when the numbers came out the rest was histroy.

It's funny that you posted this, becuase I was going to bring it up.
Somehow, given the market edgyness (sp?) I don't think will see a run up of that caliber.

Zead
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