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Non-Tech : Trading IOMEGA based on technical analysis
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To: D.J.Smyth who wrote (1053)7/29/1997 7:01:00 PM
From: Triluminary   of 1511
 
Hi Darrell,

"IOM's trading pattern shows shareholder base trading against unknowns". I've noticed this in the option data as well. The puts and calls hardly ever trade with any major bias. If there is a bias it is usually very slight and almost always in the direction that IOM is moving that day. Which says to me that even the options traders have no real preference about IOM's stock direction.

As to IOM's depressed price vs. value. I too wish Iomega was slightly more proactive with its shareholders. Perhaps they will be when they are more comfortable with their lead. Perhaps at the 10 millionth Zip mark. Iomega is building it... they will come. Hopefully sooner than later.

The _ in mark_b comes trying every friggin variant on my initials and name (except for my last name) I could think of before I gave the _ a try. When I tried it I was only half expecting it would work (nothing else had, guess they were all taken). I've thought about asking the webmistress for a change but I figure it's no biggie.

Regards,

mark_b
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