Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: FranW who wrote (41019)	12/20/1997 8:08:00 AM
From: KM	Read Replies (2) \| Respond to of 58324

Here's the latest dump on IOM from Briefing. This is for amusement purposes only - I, for one, disagree with their analysis of the chart: Computer Systems & Peripherals Brief: Iomega did an bout face, reversing a sharp early decline to close up 1 7/16... Bounced off minor support at 22 1/2... However, stock down sharply from its recently established 52-wk high (33 1/2) amid increased volume... Deteriorating technical posture points to test of Friday's lows, with penetration pointing to the 20 area... (back to me) The bit about "down sharply . . . amid increased volume" is patently incorrect. The volume was nothing until the past two or three trading days, as we all know. Guess whoever wrote this didn't get any the night before.