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Non-Tech : Iomega Thread without Iomega
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To: Bill Monahan who wrote (5484)1/6/1999 2:35:00 PM
From: Ben Antanaitis   of 10072
 
Bill,

Which spike are you talking about? There was an order enter error that put a 6 3/4 spike on the chart (it has been cancelled out on some systems already)[then again was it a mistake or an attempt to panic some into selling just before the big upside move???]. Then there was the 1.5M share trade spike that helped push IOM up to 8 3/4... 10M shares traded thus far.

Perhaps the prospect of a NYSE tech 'liftoff' has put the fear of god into some shorts and they decided to rush in and cover at this point. Especially since the 'vapor' label applied to Clik! has 'vaporized' ;-))

Ben A.
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