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

To: KM who wrote (35628)	11/13/1997 5:46:00 PM
From: Bearded One	Read Replies (2) \| Respond to of 58324

Hah, maybe you're right. Trust me, IOM is far from my only position, and it's not even my favorite short (ZITL is). It's just that the discussions here are more interesting (despite the barbs I get). I appreciate your concern. Unfortunately, I just can't play it that fast, in and out with calls and puts.

To: KM who wrote (35628)	11/13/1997 5:47:00 PM
From: Michael Coley	Read Replies (3) \| Respond to of 58324

RE: A few positives to the 2 for 1 split. Here are some positives to the stock split (some off of Ken Marcus' site and some of my own): * It will help remove or soften pre-split resistances. Do we really expect resistance at 17.5 (post-split)? I would have expected some at 35 (pre-split). * Employee option grants, as mentioned in the release. * Double the number of shares will make it more attractive to institutions. Often, they have self-imposed limitations that keep them from buying stock based on the number of shares. They like lots of shares and volume so that they can enter a position without making a major impact on the stock price. * Cheaper share price makes it more attractive to individual investors. * Increased optimism about management. * It shows that management expects the stock price to appreciate considerably. * It's a great Christmas present! - Michael Coley - i1.net