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


To: Edward Ip who wrote (46937)2/5/1998 3:39:00 PM
From: Linda Pearson  Read Replies (4) | Respond to of 58324
 
Supposedly bonds are selling off because Monica L. may have been granted immunity...hence the market sell off.

Is this The Lewinsky Effect or The Clinton Effect?

Linda



To: Edward Ip who wrote (46937)2/5/1998 4:20:00 PM
From: Gary Wisdom  Read Replies (3) | Respond to of 58324
 
Re: Why is Iomega stuck at $10.38?

Simple. After the first hour of huge volume, there was little volume the remainder of the day. Not a lot of buying; not a lot of selling.

Thus, the price didn't move.

Also, $10.38 is a 50% retracement point as per Truff. So, of course, some technical traders are selling here.

By this time next week, I'm confident we'll be higher.

And if not, then we'll be lower.



To: Edward Ip who wrote (46937)2/5/1998 6:06:00 PM
From: Cameron Dorey  Read Replies (2) | Respond to of 58324
 
Ed, re: "DAMN DAMN DAMN, why is IOM stuck @ 10 3/8 ?!??!?!"

Apparently we weren't, as we closed @ 10-5/16...

But, seriously, just how impatient _are_ you (and others who ask this question +- a fraction every day) for IOM to go up? Things always go down faster than they go up (at least my stocks do), and if you aren't patient enough to wait 6 months for a 50% gain, then maybe you need to follow a volatile stock instead.

Cameron (in for the long haul)

"I met a new girl at a barbecue, very pretty, a blond I think. I don't know, her hair was on fire, and all she talked about was herself. You know these kind of girls: 'I'm hot. I'm on fire. Me, me, me.' You know. 'Help me, put me out.' Come on, could we talk about me just a little bit?"
--Garry Shandling



To: Edward Ip who wrote (46937)2/5/1998 8:10:00 PM
From: MarkM  Read Replies (1) | Respond to of 58324
 
I think you're right. I was out at $10.4375. I'm happy for now.