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

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To: RAY WACLAWSKY who wrote (25601)6/19/1997 8:01:00 PM
From: Thomas J. Smith   of 58324
 
21.625 major support...................
I to wish I could back the truck up in the 20's again, but the overhead resistance at 21 1/2---21 5/8's level is now a support level and if that is broken on a closing price, than you don't want to be buying this one anymore. The funny thing about selling a stock and hoping it comes back to your level to get back in???? It never happens or if it does happen you wish you never got back in.
One thing for certain here is we are in a JUMBO UPTREND and it is still very early. The 50 day moving average will cross the 200 day moving average next week for the first time since last year and that in most portfolio managers cases is the begining of the UPTREND. Once again, this is one of thoughs times you do not want to sell your winner.Enjoy the ride.
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