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

To: Francis Muir who wrote (36498)	11/19/1997 5:29:00 PM
From: Ray Dash	Respond to of 58324

Well Francis, If IOM goes to 29 5/8, better run for the hills with all your cash--it'll be a market breakdown. As it is, the 5-min Stochastics is at 10 (20 is oversold) and the RSI is at 20 (also oversold)--- actually going as low as 5. I'm hoping this wasn't similar to the afternoon when the Nomai problem popped its head and those in the know tanked the stock. We're certainly up from there, but its time that the hardcore longs get rewarded-- I would think that the weak hands got shaken out during the last two double-dips (28-23.) Good luck to all longs, Ray