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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: David Jones who wrote (33105)	10/23/1997 11:42:00 AM
From: Gary Wisdom	Respond to of 58324

Ticks, ticks and more ticks In the first 2 hours of trading, there have been 1631 ticks on the stock and about 35 blocks. For perspective, yesterday, there were 6000 ticks during the day. Avg recent blocks have been 30-60/day (not absolutely positive on this number) I believe avg ticks are around 2000 per day. What this is telling me (again) is that there is not a lot of block selling, there are an awful lot of small traders selling, and of course, the big boys are just sitting back and scooping up cheap shares. At 2.5 MM shares traded so far (with bulk of trading occurring first hour), IOM will go with the market today. If the market rebounds to less than 100 down, I see an up day. Otherwise, it will be down to the extent of how bad the market carnage is. Again, not selling here. This stock is poised to hit $32 - $33 by the time by November 25s expire (very profitably too)

To: David Jones who wrote (33105)	10/23/1997 11:43:00 AM
From: Brent D. Beal	Read Replies (1) \| Respond to of 58324

I think we may see a little selling here. Over the past 6 months, IOM and always moved up in fits and starts, and I don't think the nature of the stock has changed that much, improved reputation aside. It's my guess that we will see some drift downward, just like we always have after a strong move to the upside. Of course, I'll load back up before Comdex, but for now I'm on the sidelines--just sold by Nov30s for 1 5/8. Hope I'm right on this one, I'd hate to miss that run into the low 30s, which would have happened, I believe, had Hong Kong's market not tanked.