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Non-Tech : Iomega Thread without Iomega

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To: KM who wrote (3005)11/3/1998 11:23:00 AM
From: Rocky Reid  Read Replies (4) of 10072
 
It's very tempting to short more right now that IOM is above $7, but I'm hoping for even more by the time Comdex gets rolling.

I now have a long position at $4 1/4 and a short position at $5 3/8. The Suckers are jumping on the bandwagon exactly as I had hoped. IOM is jumping upwards today on news of Syquest's demise. But as we all know, in the absence of any news, IOM just goes down.

After Comdex, there will be no news.
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