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


To: Gary Wisdom who wrote (44969)1/23/1998 12:55:00 PM
From: Francis Muir  Read Replies (1) | Respond to of 58324
 
<< 35MM shares and counting >>

chomp, chomp, chomp; being the sound of FIDO eating his words on volume. Interesting question: who's buying? they cannot all be shorts closing out their positions.

FIDO



To: Gary Wisdom who wrote (44969)1/23/1998 1:00:00 PM
From: the Druid  Read Replies (2) | Respond to of 58324
 
You tell me, Gary. 35M shares changed hands so far.
And the price is not falling further. I am not
saying this is the bottom, but there must be a lot of
buyers out there, including me. Do you mean
none of them is smarter than you are? You have been
the cheer leader before this recent plunge, now you
have a complete mood swing. If IOM is atractive at
12+, it must be even better at 8+. I can not
even hope to time the exact bottom, so my plan
is to buy incrementally and wait for more opportunities.
Think hard! Have the fundamentals changed that much?



To: Gary Wisdom who wrote (44969)1/23/1998 1:03:00 PM
From: Teddy  Read Replies (2) | Respond to of 58324
 
Gary, quick question:

i can't spend too much time during the school day on the net, looks pretty bad for IOM, no?

Question, if a long term investor like me was thinking about bailing out, is there a reasonable chance for a bounce on Monday?

Would shorts be covering today or should we expect more down side?

TIA