Any info about Iomega (IOM)? Message Board

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Non-Tech : Any info about Iomega (IOM)?

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To: Patrick Keeler who wrote (6145)	8/16/1996 5:53:00 PM
From: Ken Pomaranski	of 58324

Hello! I'm back.. I just couldn't stay away. It's almost time to start averaging in again. I sold over one month ago at 23 1/2 (allowing me to take a capital loss :) ). The put/call ratio is looking better (open put interest is getting close to open call interest, whereas one month ago it was 1:4). What we need to see is a large blowoff sell to signal the end of the downtrend. We are currently sitting on the 200 day moving average line. I would like to see this line breached to shake off the last of the weak hands.. Then I'm in.. The one thing that concerns me about this stock is that is DID NOT rally back like the rest of the Nasdaq has over the last few weeks. If your looking for good stocks, check the 52 week high list. These stocks have recovered and then some...BUT.. it can be profitable bottom fishing, but only if the bottom is called correctly.. I'll post again when I think the bottom has been hit. In the meantime, good luck to all of you (long and short)... kp

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