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

To: Gottfried who wrote (2379)	10/19/1998 10:54:00 PM
From: Linda Pearson	Read Replies (1) \| Respond to of 10072

Oh...Gottfried...why did you show that chart?? I'm having a FLASHBACK!!! AAHHHHHHHH.... 8-/ Linda

To: Gottfried who wrote (2379)	10/20/1998 9:44:00 AM
From: Cogito	Respond to of 10072

>>Allen, so the short interest is about 10% of the float. I looked at volume-by-price and it shows most trading occurred near $7 and above. So maybe most shorts can afford to wait.<< Gottfried - Yes, I'm sure most of the shorting occurred at higher levels than this. In fact, it's possible that the shorts may be helping prop up the price right now. At these volumes, any significant short covering would move the stock up at least some. But I certainly am not holding my breath waiting for a squeeze. On the other hand, I don't think the shorts' position is going to get any better for a while. - Allen