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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?


To: sheila rothstein who wrote (2371)10/19/1998 8:33:00 PM
From: Rocky Reid  Read Replies (2) | Respond to of 10072
 
>>I wonder if we'll have a short squeeze soon. SR<<

Not with 267 Million shares outstanding, and a daily trading volume averaging under 2 Million.



To: sheila rothstein who wrote (2371)10/19/1998 8:36:00 PM
From: Gottfried  Respond to of 10072
 
Sheila, two things: CC transcript from the Fool... fnews.yahoo.com

and short interest as of Sep 8th was 27.8m shares according to Yahoo.
I bet it's lower now. biz.yahoo.com
That's about 13 trading days' worth.

WSJ says 27,831,452 sh on Sep 21.
interactive.wsj.com

Gottfried



To: sheila rothstein who wrote (2371)10/19/1998 11:21:00 PM
From: Naggrachi  Read Replies (1) | Respond to of 10072
 
<< Gottfried would you happen to know the latest short interest in IOM. I wonder if we'll have a short squeeze soon. SR>>

The only short squeeze I see coming is in cRocky's pants. :-)

cRocky, you claimed that you started a position in IOM today, what price did you get suckered in?

Zead



To: sheila rothstein who wrote (2371)10/20/1998 2:15:00 AM
From: Reseller  Respond to of 10072
 
Re: I wonder if we'll have a short squeeze soon. SR

The shorts start losing money from here on out
the smart ones should have covered. There is
one very real danger for the shorts and that's
a buy out, stranger things have happened. I'm not
suggesting that a buy out is going to happen but if
I was short personally, I would be looking over my
shoulder.

The fact remains that the Zip drive continues to gain
market share and they're driving the prices down to
further dominate the market. Just think about last quarter
for a second. These guys drove prices down on their
entire product line and still saved $49 million in
expenses and a marginal -.03 loss.

The boys have their house in order and are looking
more attractive every day.

IMO
Regards
Reseller