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


To: stock bull who wrote (50785)3/20/1998 11:58:00 AM
From: Rocky Reid  Respond to of 58324
 
IOM trending down as options expire.

This does not bode well for next week. IOM dipped to $7 1/16 earlier today. It is trying to dive down even as the big money tries to hold the price in place. Next week it will be free to fall into the $6's. Then the $5's.

It's still not too late for all of the IOM longs to sell right now and wait for the wash sale period to pass. The IOM share price will be much cheaper a month from now than it is now.