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

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To: Cogito who wrote (17930)3/12/1997 11:30:00 AM
From: John Smith   of 58324
 
>John -

This really doesn't make a lot of sense to me. The very fact that these purchases are insignificant, relative to the sales, makes it difficult for me to believe that they are an attempt at manipulation by KE. Surely if he wanted to inject confidence in his "herd" he could come up with a few more bucks than that.

It's an absurd conjecture.

I keep hearing how the bulls are buying into a "story" and not looking at reality. Some say that too many people put a positive spin on every news story about Iomega. Surely this is an example of really stretching to put on a negative spin.

- Allen<

Allen, I never said this is manipulation on the part of KE. Furthermore, I haven't taken this info and put a negative spin on it. My point was made in an attempt to calm down an Iomegan who was beginning to pump up others here with this measely buying. I don't understand how the bulls can discount the large insider selling and then get excited about 2000 shares of buying.
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