Any info about Iomega (IOM)? Message Board

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

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To: s. bateh who wrote (40438)	12/18/1997 12:14:00 PM
From: Michael Coley	Read Replies (2) of 58324

RE: Is it really as bad as it seems? >> From 33.5 to 24.5! in 2 weeks is not just bad...its sad......... << Like everyone on the thread, I've been feeling it too. But if we go back and look at the numbers, is it really so bad? The split was announced on 11/12 after the market closed, when IOM was at 28 5/8. During the month preceeding the split announcement, IOM traded between 22 and 30 1/8. Since the split, we've traded between 24 3/8 and 33 1/2. Look at it this way: Month Before Announcement .............. 22 - 30 1/8 Split Announced at ................................. 28 5/8 After Split Announcement .................. 24 3/8 - 33 1/2 It certainly looks positive to me. Just because we're at the bottom end of the range right now, we can't lose site of where we've been. - Michael Coley - i1.net

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