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

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To: Tom Carroll who wrote (43712)1/17/1998 1:07:00 AM
From: Reseller  Read Replies (2) of 58324
 
Question, Anyone ??

This answer for a stock spit doesn't sound right
How would a stock split have anything to do with stock
options ?

There were some 120+ mil shares outstanding couldn't have been
due to a stock shortage.

An option can have whatever starting price that a company
want's to have on it. Options could have been offered starting at
less than the market.

Could this be just an short term excuse to split the stock ?

Does anyone have a feel for the number of disks that are being sold
last quarter , this quarter , for the year 1998 ?

I'm pleasantly surprised to see such a low volume of trading given the doubling of shares. There sure aren't a lot of people willing to part with their shares at these prices.

Reseller
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