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Non-Tech : Any info about Iomega (IOM)?
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To: Bryce Elkins who wrote (58305)3/23/2000 9:50:00 AM
From: ArnieC  Read Replies (1) of 58324
 
Generally a "double bottom" means it took two times for the shakeout of sellers to occur. It usually is positive for the stock and precedes an upwards trend. It is better if the second bottom is lower than the first. In Iomega's case it wasn't. This may mean the shakeout isn't complete.
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