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


To: Zebedee Wright, Jr. who wrote (52670)4/16/1998 3:01:00 PM
From: Dale Stempson  Read Replies (1) | Respond to of 58324
 
FWIW, I had been waiting for weeks for IOM to get back to $8 in order to establish a short-term bear position prior to earnings, but never got the chance. I jumped in today at $7-1/2. I believe it's going to be a difficult evening for the bulls tonight. Either way, it's a short-term play, and I'll likely be out tomorrow or Monday.

I believe Iomega's long-term prospects are good, but as for now, well I'm putting my cash on the line. Good luck to everyone here.

Regards - Dale