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Non-Tech : Iomega Thread without Iomega

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To: Pete Mimmack who wrote (8534)3/26/1999 1:11:00 PM
From: Cogito   of 10072
 
Pete -

I think your explanation makes more sense than another one that's been suggested here. (Actually, it wasn't suggested, it was stated as if it were a fact.)

Today's volume is light, though, so it's not a very scary move.

BTW, I just looked at IOM's chart for the last two months. I could have sworn that there was a previous move below five, but it doesn't show where I'm looking.

Even so, I would not be surprised to see the stock dip lower unless and until there is some good news from the company. Once again, the earnings report and conference call should be very interesting.

- Allen
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