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

To: D.J.Smyth who wrote (33541)10/27/1997 1:22:00 PM
From: Ben Antanaitis  Read Replies (1) | Respond to of 58324
 
It's not all that crazy.... the big institutions are sitting on the sidelines waiting for joe-bag-a-doughnuts to panic sell into a no buying support freefall. Then when they can pick up 10 - 15% gain, in a day, they will move back in.



To: D.J.Smyth who wrote (33541)10/27/1997 1:59:00 PM
From: Triluminary  Respond to of 58324
 
Darrell,

I agree totally. Iomega was down over 3 points with around 2.2 mil shares traded. I bought more at 27 1/4 (small amount), more at 26 (bigger amount) and I've got even larger orders in for low low 25's and below but I doubt I'll get them. I sold my trading shares a bit too quick last week but I've been buying them all back at much lower prices.

Good luck to all,

mark_b


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