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Non-Tech : Any info about Iomega (IOM)?
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To: Erik J. Lupien who wrote (1983)5/24/1996 3:36:00 PM
From: Young D.T. Nguyen   of 58324
 
Look to me like a combination of profit taking, sellings by shorterm
mometum players, and serious shorting going on. This is normal and very
good and healthy for IOMG after last week 's runup. Need a good
correction to establish a new base before advancing again, shake
out the speculators and shortermers, and give longterm investors a
chance to add more.

My only regret is buying one day too soon. Big loss on selling AMTX
and MRVC then buying IOMG one day too soon. But I have no doubt
that by the next quarterly report, we'll see a huge runup. The run up will be
even more spectacular if the short interest increased substantially
last 2 days.

Now is the time to add more. Will be back above 50 by next week.
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