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Non-Tech : Any info about Iomega (IOM)?
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To: Ken Bobey who wrote (7327)9/20/1996 10:46:00 PM
From: John Fairbanks   of 58324
 
Well Ken, I know personally when I saw the upward trend start to
stagger I sold 1/4 of my holdings at 19 3/8 and bought them back
when it fell to 17 7/8.

Although I certainly intended to repurchase the shares there are
several people really burned with this stock... one of my co-workers
bought at 30 and is just waiting for a chance to break even and
go do something else.

One thing which does work in our favor though is that I don't think
too many people are in at prices say from 20-28 because it fell
through those pretty quickly, but I'd bet we see a strong resistance
at around 30 because I know MANY people who got in then.

Just my 2 cents ;-)

-John
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