Any info about Iomega (IOM)? Message Board

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

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To: Ken Pomaranski who wrote (6147)	8/17/1996 12:16:00 AM
From: Young D.T. Nguyen	of 58324

Re:"The put/call ratio is looking better (open put interest is getting close to open call interest, whereas one month ago it was 1:4). What we need to see is a large blowoff sell to signal the end of the downtrend. We are currently sitting on the 200 day moving average line. I would like to see this line breached to shake off the last of the weak hands.. Then I'm in.." Ken, Thanks for the info. I am too looking for a big blow-off to back up my truck. I believe you are correct about the Put/Call ratio signaling the bottom. Please post when you detect a blow-off in this ratio. By the way, I think the reason that IOMG did go back up with the market was because of the "challenging 3Q" warning from KE. Other companies who made similar warnings suffered the same fate.

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