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


To: Scott Norteman who wrote (41982)1/2/1998 2:11:00 PM
From: E. Graphs  Respond to of 58324
 
Hi Scott,

I agree that there does not seem to be any real distribution going on here.
Welcome to S.I.!

E. Graphs



To: Scott Norteman who wrote (41982)1/2/1998 2:14:00 PM
From: KM  Read Replies (2) | Respond to of 58324
 
Scott: Great response! I agree that currently there is no real distribution taking place. In fact, it is the TA which keeps me from bailing. I agree that there is probably nothing sinister out there that we do not know about. We'd see much higher volume and a freefall situation IMO (not that we haven't already fallen a lot). I doubt that any techically oriented traders are shorting at this point.



To: Scott Norteman who wrote (41982)1/2/1998 2:19:00 PM
From: Brent D. Beal  Read Replies (1) | Respond to of 58324
 
Thanks, you've described my thoughts exactly (in my optimistic moments)--I just can't help but get a little worried since I've seen this pattern over and over again with other stocks--and they have almost all invariably met with a rather harsh end when the bad news that was keeping the stock down finally came out. Both you and Truff are right though, by all possible indication this doesn't seem to be the case with IOM. If there really isn't anything lurking in the shadows then this does represent a buying opportunity of a life time. . . I'm going to jump in anytime now if I can just get the nerve. . .