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

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To: D.J.Smyth who wrote (25927)6/26/1997 6:44:00 PM
From: Thomas J. Smith   of 58324
 
I agree that's why we gapped down. But we could not even fill the gap, and that news becomes old at about 10:30 to stocks it doesn't apply to. When the market rallied up 40 we had very very little volume and no upside activity. Another reason we will go lower before going higher. You can't fight the tape, and no news from any message board can prevent this from testing it's support level. Again I'm bullish but I call them the way I see them. I'm holding a big chunck at 16.875 and realize it's to late to try to sell and get back in, but I will consider buying more if we test support.
Lower lows and lower highs intraday, mean continuation until the trend is broken by a reversal or a day where we do not take out the previous day low.
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