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


To: Alan Rosen who wrote (52886)4/17/1998 10:48:00 AM
From: RetiredNow  Read Replies (1) | Respond to of 58324
 
Well, I doubled down! Short some more at 7 1/16. Looks like I might have to wait a little longer to close out, though. There's some serious resistance to break through at $7. It occurred to me that the company could be supporting the price, as evidenced by the decrease in o/s shares from prior Q to this one. Anyway, we are still seeing some pretty good action -- 1.5 MM shares traded in the first 75 minutes! BTW, for those of you who have posted institutional investment numbers, it can cut both ways.