Any info about Iomega (IOM)? Message Board

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

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To: John Solder who wrote (34712)	11/6/1997 4:31:00 PM
From: Wayners	Read Replies (2) of 58324

Any short term traders here following IOM? IOM is in an intraday pennant and volume has really dried up at this point. Personnaly I'm expecting a break down for a 1 to 2 point profit. IOM is up against resistance at $30 and the volume has dried up after the spike rally. Anyone have any short term T/A observations? 5 day stochastics and RSI are overbought and the lack of forward price movement tells me we'll have a short term reversal. Price is also at the upper bollinger band, which are relatively far apart for now. Long and intermediate term players need not be concerned. IOM is a good company. Wayne

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