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


To: Brent D. Beal who wrote (40286)12/17/1997 11:24:00 AM
From: Ben Antanaitis  Respond to of 58324
 
Anyone,

What was that 300,000 share trade at 10AM all about? Did it go off as a lump or chucks (some image huh?)? Didn't seem to move the price at all....

Ben A.



To: Brent D. Beal who wrote (40286)12/17/1997 11:29:00 AM
From: KM  Read Replies (1) | Respond to of 58324
 
I flung myself some time ago on some of the Feb 30's. Too early. But I'm looking for more. The Mays do look interesting.

This lack of volume and price action is irritating but we've seen it before many times. I suspect that IOM's 4th quarter report will stand out in the tech sector like the 3rd quarter did.



To: Brent D. Beal who wrote (40286)12/17/1997 11:51:00 AM
From: Roland Fehrenbacher  Respond to of 58324
 
Brent, I agree with your analysis. It was necessary to check support
at 26 1/2. I think now that we recovered from there, the reversal
is confirmed.