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Non-Tech : Any info about Iomega (IOM)?
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To: sheila rothstein who wrote (30904)9/27/1997 11:14:00 PM
From: Philip J. Davis   of 58324
 
Here's a technical post:

>>Subject: Highly Technical stuff.
Date: 26 Sep 1997 23:31:21 EDT
From: Tjm999
Message-id: <19970927033101.XAA18869@ladder01.news.aol.com>

There is possiblity of 24.56 low but IOM is not hitting the lowest targets, I would not wait for this.

The 9/4 high was exactly 38% retracement of the crash, 50% an 62%
levels give 34 and 39 targets. 32 and 35.86 are wave measurement targets, right in the ballpark. The all clear for the move above 30 is given once 27.75 is broken intraday. The indicators confirmed the 9/4 high and we have positive reversal signals. Technically speaking, it looks very good

You know the fundamental story.

Good luck,

Tim<<

Philip
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