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

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To: Winner Victorious who wrote (3436)6/25/1996 11:59:00 AM
From: John Hoagland   of 58324
 
Winner (?)

To all others as well...
Pay attention to WSJ "Heard (Herd) on the Street" today
Discussion of redemptions by "Agressive" Mutual Funds, esp "momentium" funds and those that place investors in such funds.

This may be what is showing up in IOMG...breaking of "support" may signal further "major" decline!

Furthermore, window-dressing may cause mutual fund managers to sell positions considered "momentum" or "speculative"

REMEMBER...MARKET RUNS (short term) ON PERCEPTION

Good luck
JTH
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