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Non-Tech : Iomega Thread without Iomega

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To: David S. who wrote (7957)3/5/1999 7:13:00 AM
From: Rocky Reid  Read Replies (2) of 10072
 
IOM Daily Volume Dropping...Again

Just look at IOM's average daily volume. A month ago, it was over 6 Million/day. Now, it is about to fall below 4 Million. Last year, I closely tracked IOM's volume declines and posted very regularly about it. I mentioned that along with the declining volume was declining interest in this garbage, and with that comes lower stock prices.

True to form, the Iomega Bulls here derided these observations and spewed their usual personal (and off-topic) insults towards me. However, they were soon faced with a $2 15/16 stock that many had ridden down from $15 within that last year --an over 80% LOSS.

Now, we are once again faced with rapidly declining daily volume for IOM. Iomega Bulls decided to ignore the fundamentals last year.

They are doing it again.
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