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

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To: Brendan2012 who wrote (42386)1/5/1998 2:07:00 PM
From: Michael Coley   of 58324
 
RE: Volume and Volatility.

Brendan,

At 2:03AM said >>I'm glad it's monday! We should finally see some volume and volatility return to IOM, along with a better chance of a price increase now. I want some excitement! <<

Good call!

It's nice to see IOM up today, although I would like to see the volume increase more. The volume is decent today, but nowhere near the volumes when we have seen the biggest increases.

There are a couple possible explanations for today's action:

1) A beginning of the year gasp of relief, from which the volume and price will subside before continuing up.

2) A return of interest, in which case we should see the volume and price continue to increase.

I have the utmost confidence in the long-term appreciate of this stock, but at hopelessly bad at guessing the near-term gyrations.

I'd love to hear Gary's opinion. [Gary, where are you today?]

- Michael Coley
- i1.net
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