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


To: Yikes who wrote (36791)11/21/1997 8:21:00 AM
From: Roland Fehrenbacher  Read Replies (1) | Respond to of 58324
 
Darrell. [IOM option action]

Today is most likely going to be the third time in a row that IOM is closing
significantly above the optimal option price. The only explanation
I can find for this is that some big guys are combining share and
option purchases to build up their positions. This way they can reduce
the increase in stock price while they are loading up, since the buying
of a large call position does not affect the stock price.

What is your opinion?