Any info about Iomega (IOM)? Message Board

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

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To: philip weisskpf who wrote (7605)	9/25/1996 4:47:00 PM
From: Ken Bobey	of 58324

>The shorts ARE NOT covering. This is merely a momentum play. Excuse me? Today's volume was 22M - shorts are getting squeezed BIG TIME and running scared. Check out www.briefing.com if you don't believe me: "short-sellers seem to be pinned". Remember that there is no resistance now up to 29 because of the sudden drop in July. If this puppy breaks 29 if will set off a whole new round of stop buy orders. LONGS - DO NOT UNDER ANY CIRCUMSTANCES SELL YOUR SHARES!!! People who sold yesterday left lots of money on the table.

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