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

To: sheila rothstein who wrote (51888)	4/3/1998 5:49:00 PM
From: Rocky Reid	Read Replies (2) \| Respond to of 58324

Vapor! will be as big a hit as Buz! was. With that said, I believe that the market action we have seen in IOM this past week is somewhat sinister. With IOM at its 52 week low of $6 7/8, it stands in a VERY precarious position. It's next base of support isn't until around $4 3/4, and even that is weak. It is of my opinion that during this past week, an unspoken arrangement among mutual funds was agreed upon where the bid/ask IOM price would not break the level of support at $6 7/8. This is giving time for the mutuals to bail out, leaving unlucky individuals holding the bag as IOM makes its upcoming descent during Earnings. Believe me, this is one stock I definitely would not hold going into Earnings. When IOM breaks its $6 7/8 support, it doesn't have any technical support until well into the $4's. As a side note, I want to publicly thank the spammer guy who came in promoting NTBK the other day. I'm already Up 20% in my position . Thank you! Check it out- NTBK. The chart is fantastic, and being an internet stock, it is showing every sign of being another YHOO.