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


To: RetiredNow who wrote (52917)4/17/1998 3:10:00 PM
From: Herb Fuller  Read Replies (1) | Respond to of 58324
 
mindmeld , Re:>>>Now I'm short at 7 1/8 and 7 1/16. With today's short, <<<

mindmeld , is the above short trading the best that you could do ?

Why didn't you wait till the price went to 7 1/2 or 8 to do your shorting .

You will have plenty of opportunity in the near future to short at a higher level .

The only question that I would have for you is .

At what higher level are you going to close out your short position ?

FWIW , the present price is reflecting every bit of bad news that has been thrown at Iomega at the present time .

For Iomega to go to a lower level another shoe , that we don't know about at the present time , would have to drop .

Herb