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

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To: AlienTech who wrote (23539)5/28/1997 12:42:00 PM
From: Rocky Reid   of 58324
 
>>Now up 3/4ths, Technical indicators went to a buy yesterday so shorts covering? Only thing I can think of due ot the high volume.<<

Other tech stocks have been flying up for some time now, and have gotten pretty expensive. It is only natural that the wealth starts spreading out to other less fortunate issues like IOM. However, this uptrend won't last as the massive short interest will keep the lid on IOM. Investors who are buying now will get frustrated just as the present ones are right now.

IOM trades only within a certain range, and will for quite some time.
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