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


To: John Lacelle who wrote (46360)1/30/1998 3:12:00 PM
From: Rocky Reid  Read Replies (4) | Respond to of 58324
 
Is IOM moving up all by itself, or along with the disc drive makers?

SEG is Up 2 to 22, WDC is up 1 1/2 to 18 1/2, etc. I would strongly caution those hoping for the "shorts to get squeeezed!" First of all, according to last count, there aren't that many shorts. And second, it is exactly this kind of thinking that got a lot of Iomaniacs in trouble in the first place. Rest assured, there will be no short squeezes in IOM's future. The stabalization of this broken stock will take time.