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

To: s. bateh who wrote (45705)	1/26/1998 4:48:00 PM
From: Barney	Read Replies (2) \| Respond to of 58324

++++Over 10mil and once again traded in a narrow range(1/4 point).......interesting.......that fricking cat ain't going to bounce...++++ My thoughts exactly!! Looks like it's being held there for some unknown reason. Wish I knew. Very frustrating - would like to see the stock JUST DO SOMETHING!!! Barney (No, I'm NOT purple)

To: s. bateh who wrote (45705)	1/26/1998 4:56:00 PM
From: Les White	Respond to of 58324

SB, give it a couple of more days There are a lot of margin calls going out and still some capitulation taking place. I got one today and made my decision. I suspect still more big buyers lurking in the 8-8.5 range. We're hangin' tight on big volume so we must be about bottomed out IMO. There needs to be confirmation that this is a solid floor so it has to be retested. I'm down but not out. Les

To: s. bateh who wrote (45705)	1/26/1998 9:13:00 PM
From: slipnsip	Respond to of 58324

My take on the action last couple of days and for the future couple of days. This stock is off 50% from it's recent high of 33 1/2 in a very short time period (little more than a month). Many people who own this stock are highly margined, myself included. What you get now is the opposite of a short squeeze. There are many people getting margin calls that they can not meet. Thus there will be additional selling pressure. This should subside by mid week. The news concerning the additional ad spending has been figured in as a worst case scenario. Where from here? I posted previously that when the stock was in the 30's I was so gleefull. I couldn't imagine anything that could come out that would make me happier with my position. I should have known that when ever I feel that good about my position, I am in a high risk enviornment. This certainly held true recently. Now I am in a position where I am second guessing why I ever wanted to own it at all. Taking my emotions out, I would certainly put more money in at these levels. Very difficult to do emotionally as I suffored the biggest losses in my investment career. I for one have met my margin calls and will be adding more shares to my overall position over the next several days. See you all in the mid teens 6 months from now.