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


To: Michael Coley who wrote (37518)11/26/1997 8:57:00 AM
From: Gipper  Read Replies (3) | Respond to of 58324
 
IF EACH ONE OF US ON THIS THREAD SPOKE TO JUST ONE FREIND PER
DAY ABOUT IOM AND THEIR PRODUCTS----WE WOULD NOT HAVE TO WORRY
ABOUT ANY COMPETITION.



To: Michael Coley who wrote (37518)11/26/1997 9:00:00 AM
From: Linda Pearson  Read Replies (1) | Respond to of 58324
 
Michael, <I've seen literally dozens of people on this thread say that they are "selling at $35" or that "we're going to $35". >

I ****Think*** that due to the particular level,,,the secondary...the shorters (like Meyer Berman who will hold until Iomega short for years---I don't know if he's covered, but, that's his philosophy)...

There could actually be a burst through due to short covering ...Possibly those that were slick enought to short above this level and feel their socks will get knocked off.

Even if us little guys sell to take profits, there are millions of shares shorted...I wish there was a detailed report to show us where..;)

This is just an instinctual feeling, which has helped me in the past....Everyone can say I told you so if I'm wrong. It's OK.

Linda



To: Michael Coley who wrote (37518)11/26/1997 9:14:00 AM
From: Ray Dash  Read Replies (4) | Respond to of 58324
 
Michael, I'm also very curious about the moves we'll have above 30. This is very different territory compared with what was below. In fact, there is no previous resistance between 32 and 40. 32 to 38 is a straight line. You mention the secondary as resistance, but I'm not sure why. I've been wondering where the 13 million short-shares are, and my hypothesis is that 35-36 has a large percentage. Rather than resistance I would think that a great deal of upward momentum is sitting there. Perhaps this is why Cabot decided to issue his "buy." All of this is, of course, IMHO.

Ray