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

To: Spank who wrote (48354)	2/20/1998 2:30:00 PM
From: Rocky Reid	Read Replies (2) \| Respond to of 58324

>>Truff, if you're offended at losing 30% (like the rest of us) AFTER the market closed,...<< May I remind people here that IOM suffered a 50% drop since mid December, and 40% if you include the previous day's action (IOM $13 1/4). The drop after hours did not occur all at once. This thread was monitoring the action, and when IOM had dropped to the $11's after hours, I warned that that was a very important level of support. If it broke that, it could fall quickly to $9, which it did. The point is, that even the Insitnet players got screwed if they bought in the $10's and $11's that fateful day. There wasn't some back room deal saying, "Let's drop IOM to $9 today." But, something funky was definitely going on if you look at the daily chart from mid December leading up to the aftermarket drop.