Any info about Iomega (IOM)? Message Board

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

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To: Young D.T. Nguyen who wrote (1900)	5/22/1996 11:59:00 PM
From: Tech Investor	of 58324

Information about the after hours tradin! Reuters News Story: NEW YORK, May 22 (Reuter) - After-hours trading on Wednesday focused on two issues: Brazil's Telecomunicacoes Brasileiras SA (NYSE:TBR) and Iomega Corp, traders said. "We're fairly involved in Telebras," said one. The American Depositary Receipts were marked down in after hours, trading at 60-1/2 from their close of 61-3/8 on the New York Stock Exchange. The stock rose earlier in the day on continued bullish reports from analysts after strong first-quarter earnings last week. Shares of Iomega Corp, which shot up 10-5/8 to close at 54 today on news of the company's deal to supply zip drives to <Acer Group>, fell back to 53-3/4 after hours. "It may just be somebody trying to lighten up," said one trader. --New York Newsdesk, 212/859-1610

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