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

To: Zebedee Wright, Jr. who wrote (52682)4/16/1998 4:05:00 PM
From: KM  Respond to of 58324
 
My guess: 10 cent loss per share. Hope not, though. Maybe since we're so pessimistic as opposed to last quarter, we'll get a happy surprise this time.



To: Zebedee Wright, Jr. who wrote (52682)4/16/1998 4:06:00 PM
From: Francis Muir  Read Replies (1) | Respond to of 58324
 
"Yes it is. Just like Vegas. I just straddled the Apr 7.5, one way or the other, all I want is a big move."

Which is why it'll open at 7 1/2 tomorrow. There's just too much money on it.

FM



To: Zebedee Wright, Jr. who wrote (52682)4/16/1998 4:22:00 PM
From: FruJu  Respond to of 58324
 
Hedged by buying the APR 7.5 PUTs @ 3/8 (have APR 7.5 covered calls sold at 9/16), so whichever way it goes, I'll have made some money in the past month (the first time for a while on Iomega).


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