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


To: Gary Wisdom who wrote (53347)4/21/1998 11:01:00 PM
From: Greg Keeler  Respond to of 58324
 
Re Shareholders' meeting: any good gossipy, personal stuff? Some descriptions of people, places, etc.? I know it's not "People" magazine here, but it's fun to get a sense of what the meeting, the town of Roy, the people who run the company, etc., etc are like--especially some very subjective viewpoints. Hope to hear more from the attendees.



To: Gary Wisdom who wrote (53347)4/21/1998 11:23:00 PM
From: FuzzFace  Read Replies (1) | Respond to of 58324
 
Gary, my grasp of reality is almost as strong as Rocky's grasp of his genius.

I know Rocky shorted at the bottom, that was not my point. He said he thought this was a short squeeze rally. I tend to agree. But whatever gets it going is fine with me. Remember, a short squeeze has 2 fuels, euphoric speculators going long and panicking speculators covering their shorts. Of course I cannot prove it was a short squeeze, but I like the alternative explanations even less. Just consider that in the last month a whole lot of amateurs piled on against IOM. I submit it was those people, the ones with a basis below 8, not the pros (who shorted long ago above 12) who did the panicking. If so, they are all out now, and IOM will have a normal pullback. At least, that's what I'm hoping for.