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


To: KM who wrote (33571)10/27/1997 3:05:00 PM
From: Gary Wisdom  Respond to of 58324
 
I am not happy about Iomega BUT. . .

I've been studying this stock for awhile now. One pattern that has definitely appeared is the buying patterns.

The big buyers seem to buy on the open and the close, and rarely in between.

Meanwhile, all other times, the specialist punishes people for selling by keeping the bid low. Today, there were many lots offered in the 20-30,000 size range and that helped drive the stock down.

However, volume is NOT heavy today on Iomega. While I am scared about the market, NOTHING tells me to sell @ $25.

That's all I have to say on the subject.



To: KM who wrote (33571)10/27/1997 3:10:00 PM
From: Jeffery E. Forrest  Respond to of 58324
 
Should get a little more on the downside, but there's just too many things looking REAL cheap right now.

I got a lotta cash sitting in reserve, but am nervous about when to step up to the plate.

I was TEMPTED to go to bat yesterday, the day before, the day before........<GG>
Sure am glad I stayed on the bench.

I did go short with DJXs a few days back. Made a little over 300+% in a few days. Yippee