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

To: Richard Smith who wrote (36672)	11/20/1997 12:53:00 PM
From: Roland Fehrenbacher	Respond to of 58324

> maybe it is the smart money buying. grab shares as the nervous ones > sells them, not on a dow rally. but dow is up 1.3 %, and iomega > alread up 3+%. it has to pause to spit out the weakinvestor's shares > for a healthy up move. Richard, I fully agree with you. If you want to get excited about every 1/8 th move of the stock you will suffer from brain damage within a year, and won't be able to enjoy the nice gains of this stock. The funds are holding their hands wide open for the shares of the nervous ones, and the effective float decreasing day by day makes it easier and easier for the price to move up.