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


To: RetiredNow who wrote (52785)4/16/1998 8:47:00 PM
From: Gary Wisdom  Respond to of 58324
 
Here's my guess for tomorrow (can't resist):

A flurry of trading at the open at $6/share.

Trading between $5 3/4 and $6 1/2 for the next 3 hours.

Sharp rise to close at $7 1/2.

Flame away. There'll be some very disappointed option holders tomorrow.



To: RetiredNow who wrote (52785)4/16/1998 8:50:00 PM
From: robert read  Respond to of 58324
 
you must be nuts or very short. i bet it won't drop bellow 7 from here. it will touch 8 tomorrow or stay almost unchanged.



To: RetiredNow who wrote (52785)4/16/1998 8:57:00 PM
From: Michael M  Respond to of 58324
 
If CC was credible and Street concludes IOM is under adult supervision the stock will rise (bearing in mind that tomorrow is X day and Ben says the Gods favor a 7.5 close). Who knows, really.



To: RetiredNow who wrote (52785)4/16/1998 8:58:00 PM
From: robert read  Read Replies (3) | Respond to of 58324
 
last year when iomega dropped institutions bailed out but this year they increased their holdings. they got what they wanted this time, shake out the little guy before the big rise.