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

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To: Gary Wisdom who wrote (38213)12/2/1997 2:13:00 PM
From: Michael Coley  Read Replies (1) of 58324
 
RE: Volume Update - 10 low volume days?

Gary,

>> Including today, it's been 10 trading days where volume hasn't exceeded 4 MM. Based on past trading patterns, this won't continue. <<

I've noticed that in the charts before, too. Typically, IOM will have 10-15 low volume days, where the price gradually drops, then 2 or 3 high volume days where the price skyrockets.

I haven't looked at the charts closely this week, but hasn't the 10 low-volume days actually been an uptrend? I can't recall ever seeing IOM do this before. I consider this VERY bullish.

Comments?

- Michael Coley
- i1.net
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