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

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To: Franco Forghieri who wrote ()10/18/1996 11:16:00 AM
From: hoyasaxa   of 58324
 
IOMG: ST target not @ 27 1/8. CHI: Remember writing this 27 Sept?:

Short Interest 25 Million is BULLISH!!!
Text book analysis says that IOMG is poised for more of a breakout than what has already occurred. If the short interest is twice the daily volume, then this indicates a bullish factor.

* Wall Street Journal reported today that IOMG's short interest was 25 million which rose from last month's figures of 22 million. Average daily volume is only 4 million for this past month. Short interest is 6x average daily volumume. If you think this is a squeeze, you're going to be killing yourself when IOMG is in its 30's next month.

ChiChiX

* Rabblerousing is fun isn't it....
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