Any info about Iomega (IOM)? Message Board

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

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To: D.J.Smyth who wrote (37108)	11/23/1997 10:01:00 PM
From: Roger Nelson	Read Replies (1) of 58324

For the record: I am 100% cash -- I held some options until Friday Morning and sold while I was away from my computer. First time I have been totally out of IOM, since Oct. 96. Hoping for a pull-back, but like Darrell says its up to IOM. What Darrell hinted about with Gary, is the volume updates that Gary gave us. Many of us use TA to help our trading and Gary did point out how stocks move up and down on high volume and low volume. You can give more credibility to the stocks movement if it moves with the right combinations in volume and direction. You remember Darrell's intraday and intraweek postings (Stochastic and oscillations). Those gave you insight to Darrell's level -- What you would expect from a informed broker. A friend at work has grown his holdings 1100% in one year using an expanded trading method. I use it much less, but I am happy with the 300% I have gained since Jan.. If Gary does not come back then we need to recruit volume updaters (maybe on another thread). Another aspect of volume is that the larger the volume then the larger the players. Darrell probably knew that an accumulation was going to occur for IOM big announcements and now we have to wait for IOM to sustain it's current level. Those who accumulated IOM can not get out quickly, so I am betting on IOM to hold its current trading range until Mid Dec. We will see it temporary tank or take off in late Dec. -- depending on the split's acceptance, the market, and Nomyidea. One thing to remember, We have a long time before clik and time for bad news to come out. It really depend on IOM to keep making there numbers and we sure have high expectations for the end of year... don't we. That makes it harder!! Roger

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