Any info about Iomega (IOM)? Message Board

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

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To: macwu who wrote (3812)	6/30/1996 3:09:00 PM
From: Armen Kassabian	of 58324

Unlike the prior 2 reversals, the drop occured on very large volume (22 million, 2x average) and the rebound occured at a very large volume as well (22 the first day, 15 the second). This volume to me sounds like a lot of the momentum players went out went it went to 21, and a lot of institutions and bargain hunters went in on Thursday and Friday. Unlike momentum players, these latter investors won't be as quick to sell and take profits.

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