Any info about Iomega (IOM)? Message Board

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

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To: Christopher Charles Milas who wrote (8257)	10/3/1996 4:13:00 PM
From: Jeffery E. Forrest	of 58324

Good Call. Yeah the trend is definitely down, last I saw about 1 1/2 on almost 7 million shares. I still am looking at that gap on the 25th between 20 - 21 as a crucial point. If it proves to be resistance and holds there, then maybe another leg up. Frankly I don't see it holding and we can probably pick it back up at under 18. Lots of selling pressure. If earnings don't come in BIG then we could see MUCH lower. They are going to need at least a 1 or 2 cents surprise or its going to be a slaughter. Just MEETING estimates won't support the multiple. Lot of support at 14 - 15 , but if it blows through that ?????

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