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

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To: James who wrote (25803)6/24/1997 7:32:00 PM
From: Thomas J. Smith   of 58324
 
Very Good Point, James. I noticed alot of the storage companies were under pressure today.More than likely due to your observation. I am very bullish on IOM and realize that everyday will not be up even when a share price is in a uptrend. The technicals show failure to hold the minor support level at 21 1/2 today, but the major support levels at either 19 3/4 (previous support for two weeks) or the 50/200 day moving average both at about the 18.5 level should prove to be a turning point. No matter where we find support, we will be alot higher 1-2 months from now.
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