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

To: Gary Wisdom who wrote (36178)	11/17/1997 9:22:00 PM
From: jwk	Read Replies (2) \| Respond to of 58324

Congrats all . . . especially you gutsy options warriors!! Trufflette, was it really only a week or two ago that the tears were shed in the big correction? So great to see you all doing so well today! Still plodding along and still smiling at my mindless strategy of loading up in the mid-teens and holding for the long haul. May we each find the path to prosperity that matches our tolerance for excitement! What's this about tomorrow's press conference... Clik! rev's to out do Zip?!!! UFF DA!!!

To: Gary Wisdom who wrote (36178)	11/17/1997 10:34:00 PM
From: Ben Antanaitis	Read Replies (1) \| Respond to of 58324

*OT**RE: Options close Likewise, that chart that someone keeps posting doesn't reflect reality at all.** Um, excuse me, but are you saying that the data, or the calculations, or the data presentation on the chart is somehow deliberately false, misleading or incorrect? I hope not, because if you are I would then have to ask you outside to discuss the point! \|8-( You can disagree with the hypothesis as far as the behaviour of IOM is concerned over the short term. However, the phenomenon itself has been observed and is recognized as a general emperical force in the ebb and flow of the market, absent overriding factors like company news, industry news, world news, Greenspan news, or momentum. BUT don't cast aspersions in my direction. Ben A. pipeline.com

To: Gary Wisdom who wrote (36178)	11/19/1997 8:53:00 PM
From: Chris J. Addison	Respond to of 58324

Gary, I didn't think that MM's were involved with IOM since it went on the NYSE? Do MM's still handle the options trading. As far as my assertion, I accepted Truff's statement that it has broken the pattern the last couple months and not closed at or near the largest open option interest as it has previously. I'm in the Army, just got back from 2 mos away from home, and didn't realize it had broken that pattern, since I cannot follow as closely when I am out of town. I'm not a trader in IOM, having been holding it over a year. I know very little about the options market, but is seems obvious to me that some sort of manipulation was going on to routinely close it at or near the largest open interest on expiration Fri every month. However, I don't have a clue how the manipulation is done or who does it. All I know is that previously one day a month you could pretty much determine what the closing price would be, options expiration day. I only brought it up because I figure with all the "good" press lately something is holding the price back, and I figured that something most likely is Friday's options expiration. I could be wrong but I still think after the options expiration Fri the price could move up nicely next week, which would make me quite happy of course! Chris