Any info about Iomega (IOM)? Message Board

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

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To: Sir Walter Scott who wrote (8302)	10/4/1996 7:44:00 AM
From: Sabrejet	of 58324

Sir, the gap at 28-29 which you talked about does not exist. It was filled on the way down. As far as being in "great pain" and "trying their best to confuse issues", I am perplexed by this statement. Factually, IOMG peaked around 27. If one was to short at 26, and have covered at 21 3/4 yesterday, that's close to 17% return in a week. Some here do not confuse the issues as you state. Let's see, if one bought at say 15, sold at 26 then shorted at 26 only to cover at 22, that's 15 points on an issue that currently would be 7 points above your original buy price of 15. That's an additional 50% return. Should one change this type of strategy? Rich

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