SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: Ashley Campbell who wrote (51580)3/30/1998 4:36:00 PM
From: go4it  Read Replies (1) | Respond to of 58324
 
Ashley, I came into the stock last week. FWIW unless something breaks down I think you are looking at a bottom here. The bid didn't budge all day and even at the close the bid to ask ratio was at 21:1.

No one likes sitting on dead money but I think the stock was over sold on this drop and bounce back rather quickly once the $7 resistance is broken.



To: Ashley Campbell who wrote (51580)3/30/1998 4:46:00 PM
From: Shane Stump  Read Replies (1) | Respond to of 58324
 
Trying to guess a bottom in stocks is very difficult. Very few stocks seem to qualify as dead money these days (most stocks seem to fluctuate downward/upward when you least expect it). It doesn't take much bad/good news to drive a stock in a particular direction.

If you want some IOM, buy it. If you aren't sure, wait!

Shane