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

To: Gary Wisdom who wrote (35461)11/13/1997 11:40:00 AM
From: Rocky Reid  Read Replies (1) | Respond to of 58324
 
>>They'll be back before the day's through. The big boys are probably calling their banks for more money so they cnn load the boat.<<

Has anyone paused to wonder if the current share price reflects all of the good news and the "Big Announcement" already?



To: Gary Wisdom who wrote (35461)11/13/1997 11:49:00 AM
From: vegetarian  Respond to of 58324
 
IOM price reaction to the news of the split (supposedly a good news in general) is not looking encouraging at this point.
Hopefully the news will be strong enough and move it up, but if the news is not adequately strong, it may become a very attractive target for short sellers in the afternoon and may drive its price down.
Hope folks on margins etc buy protective puts so that if the stock goes in the other direction they do not get burnt bad.


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