Any info about Iomega (IOM)? Message Board

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

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To: Kunal Taravade who wrote (2863)	6/13/1996 4:25:00 AM
From: Guy Gordon	of 58324

All: I have added copies of the news stories that move the stock to my Iomega Stockholders Page. white-crane.com Each day since March 20, I have saved the intra-day chart. On each chart I now indicate the time when a news story hit. The news story is then shown below. I am saving all this data in order to beter understand the movements of this great stock. IOMG has changed since the days when it was only known to Motly Fool and the internet. The big boys are playing with this stock now. Also, after the BIG run-up to 55 after the stock split, we now, (for nearly the first time!) have people in at above the market price. I think this is why IOMG cannot hold the gains it makes with each OEM agreement announced. 1. The big boys take profit quickly. They buy quickly on the news, then sell to lock in profit. This is not what the Iomegans do. 2. Some of the new individual stockholders must be very disappointed. They bought IOMG thinking they were boarding a rocket. Then it fizzled on them. So each time it rises, some of them use it as a chance to get out. Again, this is not what the Iomegans do. Eventually, all of the type 2 people will be out. Then the stock can start to rise again. Comments anyone?

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