Any info about Iomega (IOM)? Message Board

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

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To: Linda Pearson who wrote (18676)	3/25/1997 5:58:00 PM
From: Cogito	of 58324

Linda- It's hard to interpret even a one day rise of nearly 20%, on volume far exceeding recent averages, as being bearish. But naturally there are those among us who have found ways. I must say that it was fiendishly clever of those institutions to sucker us all in to this rally by buying hundreds of millions of dollars worth of stock. Of course, as you point out, Linda, most of us here are already as invested as we want to be in IOM, and we're just holding for now. One note to ponder is that the "sucker rally" preceding last quarter's certainly did not start out with this kind of a bang. On the 21st of January there was a 1 7/8 rise on 8 million, but that was pretty close to the earnings report. We're still almost a month away now. So maybe different factors are at play now. It will be fascinating to see what unfolds over the next month. - Allen

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