Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gator who wrote (53490)	4/22/1998 10:21:00 PM
From: Fred J. Ledo	Respond to of 58324

"Some strategists warned, however, not to read too much bullishness into the Iomega activity. "At some of those prices, you can almost ignore the volume," said 1010WallStreet analyst Paul Foster. "Maybe the stock is valued low enough for it to be taken over or maybe it's the news that the company is selling some technology to Rockwell (ROK:NYSE)." The price of the May 10 calls was on the light side but did double, rising 3/16 ($18.75) to 3/8 ($37.50). " Does anyone have any more info. on IOM selling technology to Rockwell??? Interesting.... Thanks to Truff for this ref. Fred