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

To: Gary Wisdom who wrote (34564)	11/5/1997 11:40:00 AM
From: Gary Wisdom	Read Replies (1) \| Respond to of 58324

To: Linda Linda, I am unhappy that I wimped out on my short yesterday. I told you I would cover @ $28.50 and could have this morning. The lesson: go with your first instinct. It is usually right. Today and tomorrow, we'll see consolidation. Next week will continue the advance. However, short term, don't expect much more than $30. Good luck.

To: Gary Wisdom who wrote (34564)	11/5/1997 4:17:00 PM
From: Gary Wisdom	Respond to of 58324

Volume Update (At close) First hour: 625K shares Price: $28.75 Second hour: 310K shares Price: $28.5625 Third hour: 866K shares Price: $29.25 Fourth hour: 171K shares Price: $29.125 Fifth hour: 127K shares Price: $28.875 Sixth hour: 261K shares Price: $28.875 Last 1/2 hour: 120K shares Price: $28.6875 Well, the Iomega demon came back to haunt us again. Volume dropped off substantially after the third hour, as usual. What's interesting is that with 15 minutes left to go today, the bid was $28.6875 @ 100,000 shares and the ask was $28.75 @ 100 shares. That's 1000 to 1. Conclusion: someone was not going to let the naysayers drive the stock price down today. In the time I've been closely tracking this stock, I have never seen such a large bid at the end of the day. I take this as a very very positive sign. Also, with volume consistently light the past 3 weeks for the most part, this is also very very good. The only thing that wasn't good is the market maker wouldn't give me the Nov 25s today @ $4.125. What a jerk!!!