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

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To: Robert Skinner who wrote (27298)7/24/1997 8:19:00 AM
From: isdsms   of 58324
 
<<Also I was watching the trades in real time over two servers. I noticed at the end of the day, The size
of the bid was about 1000 shares then the size dropped without the volume showing the shares had
been traded. My take on this was someone was trying to show support but when it was challanged by
selling action they removed there bid.
Also as the chart shows at the end of the trading day someone bought at market about 10,000 shares
just anough to drive the ask up to 20 1/2 from 20 5/16. My take on this is an attempt to rally the stock
in hopes of being able to sell higher.>>

My take is that you ought to sell those puts and take your profit and buy some stock in Iomega and participate this time in the next move up.

There are always two sides to everything. It, however, is taking a real stretch in your ongoing effort to paint a negative picture of Iomega. One needs to be responsive and nimble and not marry into anything if ignoring reality is the cost. Sometimes we are just WRONG! It is costly at times to attempt and wish ourslves to be right.

Good trading to you.

Regards,

Ira
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