Trading IOMEGA based on technical analysis Message Board

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Non-Tech : Trading IOMEGA based on technical analysis

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To: Ben Antanaitis who wrote (1453)	6/5/1998 12:25:00 PM
From: Herb Fuller	Read Replies (2) of 1511

Ben , Re:>>>, since this appears to be a manipulated move, by one or two professional short sellers, or a competitor, or a combination of short seller and competitor, <<< Ben , what do you see in Iom's chart or market action for you to believe the above ? Iomega's fundamentals have went south for several reasons and their 98 sales are in question at this time. Iomega will probably post a loss for the year but with that being said if their sales go to 2.4+ billion in 98 the market will overlook the lack in earnings and reward Iomega for the sales increase . Herb

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