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


To: Count who wrote (35286)11/12/1997 7:17:00 PM
From: E. Graphs  Read Replies (2) | Respond to of 58324
 
Glenn,

>>The most obvious answer is an expected huge upswing (starting at the opening bell) and an anticipated run-up to an equivalent price of over $50 in the short term.<<

I love it when you talk like that. <VBG>

Really, I am just too excited! I couldn't come down if I tried, and I have absolutely no intention of trying. This is just way too much fun!

So sure, $50 sounds good :) <ggggggggggggggggggggggg>

Ok, ok, I'll try to shake this off a little and check the charts. Maybe I'll see that darned split somewhere. I confess that I already peeked and thought that new support would be 19 after the split, but don't hold me to it.

Cheers!
E



To: Count who wrote (35286)11/12/1997 11:35:00 PM
From: Paul Kent  Respond to of 58324
 
{This $50 threshold is where companies begin to think the market price is discouraging potential investors. I never owned a stock that split in the 20's. What is your take?}

i did. a mutt called SIII split in the 40's down to the 20's. She lounging between 6 and 7 these days. ouch.

i too wonder why a split was called. surely they give out options "by value" and not "by number" - are we really to beleive they need more shares for this?