Any info about Iomega (IOM)? Message Board

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

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To: JF Quinnelly who wrote (9908)	10/23/1996 11:00:00 PM
From: Phil Tran	of 58324

"At what price are you looking to short? And do you have an opinion where support will be on the downside?" JF: Short IOMG at any price above $20. IOMG will come down to the mid-teens by next week. After last week's earnings report, big players are slowly getting out this week, leaving the rest holding the bag next week. The key is earnings, and IOMG does not have enough of that to support the ridiculously (yes, ridiculously) high PE number. Phil (Someone up there must be good to me. Shorted at $27, and covered at $15. Getting another chance to do it all over again. Life is good.)

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