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

To: Michael Coley who wrote (38878)	12/8/1997 4:17:00 PM
From: Ben Antanaitis	Read Replies (2) \| Respond to of 58324

Come this time tomorrow, it will be called 'hit the support and bounced off' or 'it hit, stalled, and then fell through'. I vote for hit and bounce..... This is a pretty good support line on my charts, last time we hit it IOM bounced up 16%. There is room for some slop in the 'exact' position of the resistance point 30, 29 15/16, 29 7/8... kinda like 'overshoot' in a tuned system, sometimes it 'rings'. If it breaks, next resistance line is at 28 5/8. Ben A.