Any info about Iomega (IOM)? Message Board

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

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To: Archie R. Wortham who wrote (3799)	6/29/1996 11:12:00 AM
From: macwu	of 58324

To All Bulls Yes, iomg has gone up 2 days straight, a very good note indeed but keep in mind that Guy is also right that there would be some bumps along the way. The last two days seemed to suggest a reversal of momentum but we have also seen 2 day gains with a following streak of bearishness twice over the last month.The IBM deal, I believe was the first and the rebound the day after the 10 pt drop was the second. Both of these times, the momentum had a chance to be reversed but the opposite occurred. In my mind, the present two day uptick has a better chance to be sustainable and change momentum but Monday and Tuesday would be very important to this view. Resistance pts? How about 32 and 35 since those were the bases on the way down. We failed to break 32 on Friday. Does anyone know the 52 week moving average or some point more relevant? Well, all looks well. It is July after all. Earnings a long 2 and a half weeks to go. Does anyone think that IOmega would announce any manuafcturer or oem deals that KE had hinted on during the last Press Conference before the conference call or is he waiting for the big bang? Iomega Ready Mac

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