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Non-Tech : Any info about Iomega (IOM)?
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To: CASEY who wrote (44991)1/23/1998 2:29:00 PM
From: Craig Schilling   of 58324
 
Casey I'd concur because after watching the order flow all day it looks like the small investor is buying up what the mutual funds are selling at what seems to be bargain prices. The funds and momentum investors won't be back. We may see a point bounce but so many day traders are in the stock hoping for a dead cat bounce it most likely won't happen because they'll all want out. Additionally, this thread is still way too positive and like most sharp traders have realized, is that SI is an excellent contrary indicator. Got out yesterday and ready to short on any bounce in price.
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