Any info about Iomega (IOM)? Message Board

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

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To: James who wrote (24478)	6/5/1997 4:59:00 PM
From: D.J.Smyth	of 58324

James, the quote is real time, there were only 16 trades in after hours, 75% of which were buys. Via share count, 95% of shares traded were buys, which means the sells were small trades. A decrease prior to close on low volume is not an immediate concern. If I were short this stock, I'd be looking for the next open window seven stories up to get out. I can't understand their reasoning reference the stock chart. A good shorted stock must adhere to the following characteristics: You should short stocks that have the following characteristics: A) deteriorating fundamentals B) the stock is trading contantly under its 50 day moving avg (i.e .the 50 day MA acts as a roof for that stock) C) The 200 day moving avg is pointed downwards D) Avg daily volume increases on pullbacks! IOM FLUNKS EVERY TEST! What are they thinking?

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