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Non-Tech : Any info about Iomega (IOM)?
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To: FuzzFace who wrote (46411)1/30/1998 8:44:00 PM
From: isdsms  Read Replies (1) of 58324
 
<<Awwright. Today I sold 1/2 my position at 9>> Why? The orchestration of the drop and bottoming at 8 indicate to me that we are heading right back up to at least 12-13 and with the release of new product, higher by Spring. I feel that the company will take steps to insure share holder value. They will do what it takes and have demonstrated this in the past. They moved to NYSE when the market makers of NASDQ had them in their grip back in 95-96. They certainly want to be taken seriously in the investment community. This past week's action can't make them happy. Modifications will be forthcoming. I would not be surprised to hear something new at the Emerald conference, which I am going to try to attend. If not then, expect steps to be taken shortly thereafter. Management has always answered the bell. When they stop, I will sell.
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