Rule Breaker Portfolio
Iomega

News

The Fool Portfolio purchased 2010 shares of Iomega (NYSE:IOM) at a split-adjusted price of $2.52 on May 17, 1995.

12/17/99 - Sell Announcement
04/16/97 - Fool Sells Portion Of AOL & IOM
05/16/95 - Buy Announcement

[NOTE: In November, 1996 Iomega moved from the Nasdaq to the NYSE, and the stock symbol changed from IOMG to IOM.]

Buy Stats:

We made the twelfth trade in the Fool Portfolio on Wednesday, May 17, 1995, as we could no longer ignore the flurry of activity in our Iomega message folder. A stock that no Wall Street analysts follow is one of the best covered stocks in Fooldom, and our readers had argued an amazing bull case. We bought 335 shares of Iomega at the market open. The order was promptly filled at market open at $14 7/8, a quarter point above the previous day's closing ask.

ACTION    #   STOCK  PRICE    COMS'N      COST BASIS
Bought   335   IOMG  14 7/8   80.00       5063.13
Sell Stats:

We sold part of our Iomega holding on April 17, 1997:
ACTION  #  STOCK  PRICE   COMS'N   PROCEEDS
Sold   1030 IOM  $18.375   $??    $18,926.50

We sold the remainder of our Iomega shares on Dec. 17, 1999:
ACTION  #  STOCK  PRICE   COMS'N   PROCEEDS
Sold   1960 IOM  $3.8125  $8.00   $7,480.50