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

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To: John Wight who wrote (6839)9/2/1996 7:41:00 PM
From: Robert Skinner   of 58324
 
Investor's Business Daily Sept 3

Iomg still being accumulated by institutions. See page A30, the up arrow is the sign for stocks being accumulated.

There also is a interesting article in IBD Sept 3 page A10, "Should computers coddle rather than hurl criticism" 100 researchers at a conference at San Jose Calif were brain storming the future. One point they came up with was "portable tablets that people could carry to perform tasks anywhere." Sounds like the Zip and Jazz to me.,

Looks like Tuesday will be exciting, Remember Friday's last 45 min of trading. Iomega up 5/8 in less than an hour. Volume going from 700,000 to over 1.5 mil in 45 min. Just about all trades were going at the asking price. Plus the breaking news of three analysts giving Iomg an accumulate or buy rating this last week. There has not been enough volume for the shorts to cover the 22+ mil. shares shorted.

Glad I'm not short on this stock,
Bob
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