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