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Non-Tech : Any info about Iomega (IOM)?

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To: Michael L. Voorhees who wrote (17142)2/27/1997 7:29:00 PM
From: Stan Walker   of 58324
 
Michael, FWIW, going back over the last 6 months or so I've noticed that whenever the volume drops to very low levels as it did on 2/20 the price continues to fall for another point and a half or 2. The decline takes 1-3 weeks and usually ends with the price down and the volume light, but not as light as it was on 2/20. This is followed by sharp upward price movement and increasing volume. I believe this is caused by "smart money" buying "low". Determining the duration of the upswing eludes me, unfortunately. Regards, Stan
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