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

To: Tom Carroll who wrote (38894)	12/8/1997 5:50:00 PM
From: Richard Smith	Read Replies (1) \| Respond to of 58324

i think that the volume was more on the buy side than on the sell side. that's what i saw. more up volume than down volume.

To: Tom Carroll who wrote (38894)	12/8/1997 5:55:00 PM
From: Senthil Sankarappan	Read Replies (1) \| Respond to of 58324

>>It doesn't look like Barron's to me. That's old news<< Not really. may be just a delayed reaction since the shorts might have waited a bit to see if IOM will shoot up or not. When it did not shoot up last week (i.e when it did not create a new year high last week), shorts might have got the guts to go on a shorting spree. Today's news of some distribution company switching from IOM -> Syquest might have boosted the confidence of shorts too. After reading Barron's, if lot of buyers were waiting for $30, that could have caused this too. I know i am just speculating but what the heck? Seen that. Done that before. IOM Bulls eventually win. that's all matters ;-) Oh. BTW, ORCL has come out with very bad numbers and is blaming Asia for that (23c expected and came up with 19c). Let's see if ORCL might trigger another tech selloff and give even more confidence to the IOM shorties. Fun continues and game is not yet over ;-) -senthil