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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Gary Wisdom who wrote (33956)10/29/1997 11:40:00 AM
From: Ben Antanaitis  Read Replies (1) | Respond to of 58324
 
***OT**** RE: Margin Calls

CNBC just aired a report that Victor Niederhoffer a well known speculator... went 'long naked puts' on the US market Monday afternoon and got nailed yesterday. The margins calls came in and his fund is reported to be...... gone..... poof!



To: Gary Wisdom who wrote (33956)10/29/1997 12:34:00 PM
From: Gary Wisdom  Read Replies (1) | Respond to of 58324
 
Volume Update #3: 9:30 AM PST "Why can't I get rich overnight?"

Hour #1: 893K shares Price: $26.875
Hour #2: 422K shares Price: $26.75 (Hit $27.25 in between)
Hour #3: 357K shares Price: $26.25

Prediction for next hour: 100K shares

Seriously, I'm beginning to resent the institutions. Why can't they make us happy all the time?

Very little block activity today. Guess they're all concentrating on pounding my ASND shares.


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