Any info about Iomega (IOM)? Message Board

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

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To: s. bateh who wrote (50798)	3/20/1998 2:37:00 PM
From: Rocky Reid	Read Replies (2) of 58324

IOM Down 1/8 as options expire. DOW UP 48 One must admit that the chances for IOM's decline next week seem almost inevitable. The fat cats right now are trying to keep IOM stock price steady (as options expire today), but the downward pressure is ticking away. Next week IOM will be free to fall into the $6's. It's still not too late to bail RIGHT NOW and take advantage of lower IOM prices a month from now. This will also let you take advantage of the wash sale for taxes. It's still not too late to make some good out of this bad Iomega situation. Sell IOM RIGHT NOW. Then wait for awhile.

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