Any info about Iomega (IOM)? Message Board

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

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To: Michael Coley who wrote (37518)	11/26/1997 9:14:00 AM
From: Ray Dash	Read Replies (4) of 58324

Michael, I'm also very curious about the moves we'll have above 30. This is very different territory compared with what was below. In fact, there is no previous resistance between 32 and 40. 32 to 38 is a straight line. You mention the secondary as resistance, but I'm not sure why. I've been wondering where the 13 million short-shares are, and my hypothesis is that 35-36 has a large percentage. Rather than resistance I would think that a great deal of upward momentum is sitting there. Perhaps this is why Cabot decided to issue his "buy." All of this is, of course, IMHO. Ray

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