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


To: Ben Antanaitis who wrote (47304)2/9/1998 2:17:00 PM
From: Gary Wisdom  Respond to of 58324
 
Ben, all that(CNBC) does is get every idiot in the world to pay up for AOL. I'm not saying that I won't take a hit on this huge position of mine. But I'd hate to be the little old lady that buys it at $108 based on the recommendation of her broker.

the Street might think that subscribers won't go to another ISP after AOL raised their rates $2 per month. But I bet you that there'll be some backlash.

Maybe AOL should take a lesson from Iomega here.

BTW, Ken, I shorted those 100 shares because I am tired of watching Iomega move up or down 1/16 each day. However, guess I should have bought those 100 shares, huh?