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

To: Spank who wrote (43734)	1/17/1998 12:53:00 PM
From: sheila rothstein	Read Replies (1) \| Respond to of 58324

Hi Spank, here's my take on the low volume since the split. 1)There hasn't been any outstanding news releases from the Co. 2)The foreign investors want to buy the large cap stocks that trade millions of shares per day (they are easy to liquidate in the event of bad news.) 3) Investors want to see what the earnings will be before they put their money on the table. (This is understandable given that some tech stocks recently beat the whisper no.'s while others had losses.) 4)Mutual funds don't like buying stocks in the 12$ range. Having said all this if earnings are 0.15 or above the price of the stock should go up next week. (I'd better consult Maria, the clairvoyant on this, ggg)...SR