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

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To: Robert Skinner who wrote (25014)6/11/1997 5:17:00 PM
From: Herb Fuller   of 58324
 
Robert , Re:>>>I don't like how the chart looks right now and am glad I sold. <<<

Robert I have always found it interesting as to how ones position in a stock influences his or her judgment as to where the price is going .

If you are long your feelings are that the price is going up.

If you are out or short of course you are going to feel that the price will be going down .

Thruout my years in the market I have had to deal with such emotions so I find it interesting when you are telling us of yours .

As far as Iom going down to the mid-teens this has got to be wishfull thinking on your part IMO as Iom has a very good support at 19.50 .

If Iom is able to break this level , and close below 19.50 , it would have to be on a very large volume day with bad news of some kind .

BTW did you know that Iom moved up after hours ?

Good Trading to You ,

Herb
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