The New Iomega '2000' Discussion Group Message Board

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Non-Tech : The New Iomega '2000' Discussion Group

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To: Ben Antanaitis who wrote (2987)	9/30/1999 6:56:00 PM
From: Mel Boreham	Read Replies (1) of 5023

Ben, I think you are right about the activity in IOM today. No news, just hedge funds closing out part of their short positions and some new buys by other long funds who are bargain shopping at the end of the quarter (should look good when IOM makes a run around Comdex time, just in time for the same funds to sell and establish their 100% profits that they can crow about in their next quarterly statement to shareholders. We'll see if the activity will carry into trading tomorrow. Who knows, maybe there is some news coming... but I'm not counting on it. But what the heck 10% is 10%, not a bad day for the long holders and newbie buyers who got in earlier in the week. Mel

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