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

To: John Alan Wallace who wrote (42193)	1/3/1998 4:00:00 PM
From: Michael M	Read Replies (2) \| Respond to of 58324

I'm fresh out of explanations re. IOM's recent price. Much as I hate conspiracy theories... I seem to recall Gary having some provocative thoughts about the specialist taking advantage of light volume to push the price down. I'm banking on a great Q4 number and widespread anticipation of same ...otherwise, we're doomed.

To: John Alan Wallace who wrote (42193)	1/3/1998 4:24:00 PM
From: E. Graphs	Read Replies (2) \| Respond to of 58324

John, If this keeps up support at 12 1/4+- will be formidable as this was an excellent level of support even before the split. Shorts should probably be thankful for this basing and consolidation work being done here and cover. There is no guarantee that Rocky's 15 will mark a right shoulder top........we could just carry right on up from there. OTOH if we do form a right shoulder we'd simply be tracing back to this same support! So, imho there's more reward than risk in the long equation, and some opportunity for a 3 point trade as well. And, even if the stock does break 15+ and then goes on to new highs, it might still pull back to the breakout and give those who traded out a chance to get back in. They'll have only left about 3 points on the table. Well, that's at least the way I see it at it at the moment. jm2›, E (definitely a she, in case anyone is worried about that pseudothingie)