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Non-Tech : Iomega Thread without Iomega
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To: steve goff who wrote (3667)11/9/1998 12:40:00 PM
From: Serge Collins  Read Replies (1) of 10072
 
The shakeout is petering out. The stock will rebound off this shakeout and resume its upward trend. Those who hold should be patient as the stock is holding quite firm and is technically sound. For shareholders, this is a good time to add to positions as I think the selling has subsided and IOM will firm over the next few days. There is just too much buying interest to keep it down long. Remember, today's selling was exacerbated by overall market weakness.
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