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

To: Linda Pearson who wrote (40196)	12/16/1997 6:04:00 PM
From: Gary Wisdom	Read Replies (1) \| Respond to of 58324

Linda, re: insider selling and today's action Linda, The news on KE's sale came out at 2:25 PM EST -- EXACTLY WHEN THE STOCK STARTED TO COLLAPSE. However, as you know, this is not new news. The reason the stock collapsed was the shorts trying to push it back down. There was insignificant volume on the downslide and, as usual, the big buyers weren't paying attention (again) to the stock today. We will recover back to $33 when, and only when, the big buyers pay attention again. BTW, I have a spreadsheet that breaks down the institutional ownership. If you'd like it, email me (don't clutter the thread)