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

To: Richard V Davis who wrote (46745)	2/3/1998 3:04:00 PM
From: Philip J. Davis	Respond to of 58324

Rick, Not always...it was just a little while ago...but people keep adding shares to the ask as it gets bought out... Philip

To: Richard V Davis who wrote (46745)	2/3/1998 3:16:00 PM
From: Michael Coley	Read Replies (2) \| Respond to of 58324

RE: Iomega Trading Comments. The fact that the price just sits there while the bid outnumbers the ask just means that the buyers want the stock but not enough to chase it. They feel that (at least right now) they have the time to wait for sellers to come to them. I think that the breakout from the 9 9/16 x 9 3/4 range is very bullish. I was starting to get worried. I placed a stop order for 1/4 of my holdings this morning at 9 1/2, just in case we broke out on the downside. Fortunately we didn't, so I'm still fully invested in IOM. I'm not sure what to make of the upside pressure on low volume. I expected the volume to drop off, but certainly didn't expect it to do so as rapidly as it did. What did we have, 8 or 9 million yesterday, and looking like a 4 million day today? Could be a bear trap. - Michael Coley - wwol.com