SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Cameron Dorey5/28/1996 2:55:00 PM
   of 58324
 
Re: DOWNWARD MOMENTUM ON RECORD VOLUMN (sic) LEVELS

Yes, it's moving down, and yes, the share volume (spelling corrected) may be at a record level, but this is POST-SPLIT, so each share of stock is only 1/2 of a pre-split share. If you consider this and look at the SI IOMG chart, the record volume (as a percentage of shares outstanding) actually occurred somewhere the week of Apr 19, in the midst of *rapidly increasing* share prices. Funny how the numbers can be deceiving, isn't it?

Yes, Frank, anyone who has owned this stock more than a couple of weeks knows how volatile it can be. No new news here.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext