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

To: Fred J. Ledo who wrote (34364)	11/3/1997 9:10:00 PM
From: Gary Wisdom	Read Replies (1) \| Respond to of 58324

Fred, re: ASND I know you didn't ask me, but I am long ASND and will issue the following caution to you: Currently, the street HATES Ascend. It goes down every single day. I have a very small position in the stock and will buy more. However, at this point, I will be very patient and selective (I suggest you do the same). I am looking for $22 before picking up any more shares. Even then, I will not be expecting any good news for another quarter, at the minimum. Be careful here. I might suggest pouring more money into Iomega. It is a much better investment than ASND at this point. Good luck.

To: Fred J. Ledo who wrote (34364)	11/3/1997 9:25:00 PM
From: Gottfried	Respond to of 58324

Fred, sorry, I have never been in ASND. GM <eom>

To: Fred J. Ledo who wrote (34364)	11/3/1997 9:45:00 PM
From: KM	Read Replies (1) \| Respond to of 58324

Fred: Re ASND: I think it would be a decent idea to take the big swing at ASND. They way I'd play it is with year 2000 leaps, maybe $5 out of the money. That way, you can tie up less money and get the same bang. 10 leaps would probably cost not much more than 100 shares and you get to leverage 1,000 shares instead. I do this all the time with companies that are down but will come back. If IOM had had leaps this spring, that's the way I would have gone.