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Non-Tech : Any info about Iomega (IOM)?
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To: Gator who wrote (53490)4/22/1998 10:21:00 PM
From: Fred J. Ledo   of 58324
 
"Some strategists warned, however, not to read too much bullishness into the Iomega activity. "At some of those prices, you can almost ignore the volume," said 1010WallStreet analyst Paul Foster. "Maybe the stock is valued low enough for it to be taken over or maybe it's the news that the company is selling some technology to Rockwell (ROK:NYSE)." The price of the May 10 calls was on the light side but did double, rising 3/16 ($18.75) to 3/8 ($37.50). "

Does anyone have any more info. on IOM selling technology to Rockwell??? Interesting....

Thanks to Truff for this ref.

Fred
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