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

To: RetiredNow who wrote (52361)	4/13/1998 2:15:00 PM
From: Ben Antanaitis	Read Replies (2) \| Respond to of 58324

MM What do you think of this chart: 207.95.154.130

To: RetiredNow who wrote (52361)	4/13/1998 2:45:00 PM
From: BBG	Read Replies (1) \| Respond to of 58324

>>>to what do you attribute IOM's rise today? Are people expecting them to beat earnings? Also,does anyone know if there were any 100K + block purchases or was it all individual investors making the buys?<<< Mindmeld... I hate to say this but I'm chalking it up to Rocky's usual explanation for this type of move... as Ben A. pointed out... i.e. "Sucker's Rally" leading up to earnings on Thur.s. I have seen nothing to explain this move... I don't think today's Fugitsu announcement regarding notebook ZIP drives is helping at all... I think there are so many "Traders" that have been following this stock so intensely over the last 2 or 3 years, so much game playing and psychology involved and that it all gets magnified the closer you get to earnings... My view is that there a lot of traders "betting" that the acting CEO is going to do something "drastic" during the upcoming CC to differentiate the "new" IOMEGA from the "K.E." IOMEGA, maybe he'll announce a stunning new CEO or at least skew the results (within the limits of the law) in the stocks favor for a change... Hell with the way the market works, i.e. good news is bad news / bad news is good news... There are probably a lot of trader's betting that IOMEGA's losses won't be as bad as anticipated (10 - 25 million) and the stock will get a little pop from the standard "Less than expected loss..." statement. I guess when you get right down to it... I don't have a clue why the stock is trying to rally... You'll notice I use the word "bet" a number of times in this post... Right now IMO any "investment" in IOMEGA be it short or long is nothing more than a bet at best and that's why I'm not touching it until after earnings are announced and the CC is over... Good Luck... JD

To: RetiredNow who wrote (52361)	4/13/1998 3:12:00 PM
From: cruncher	Read Replies (1) \| Respond to of 58324

Trades up to 3:00 pm >= 10,000 shares Time Price Volume 14:53:04 7 10000 14:45:46 7 10000 14:41:39 7.0625 11000 14:40:23 7 20000 14:40:17 7 18100 14:40:08 7 60000 14:34:08 7 11000 14:30:17 6.9375 20000 14:25:51 7 10000 14:19:50 6.9375 13700 14:19:43 6.9375 15000 14:15:27 7 19500 14:06:22 6.9375 17700 14:04:46 6.9375 35300 13:59:09 6.9375 10900 13:59:04 7 10000 13:58:18 7 10000 13:58:10 6.9375 15000 13:55:18 7 15000 13:54:01 7 10000 13:53:56 7 15000 13:53:00 7 10000 13:50:44 7 18500 13:50:23 7 15000 13:50:16 7 16000 13:49:54 7 10000 13:49:32 7 12000 13:49:08 7 11100 13:48:42 7 13000 13:47:56 7 10000 13:47:26 7 21000 13:46:51 7 35000 13:46:38 7 11000 13:46:30 7 30000 13:46:04 7 50000 13:45:31 7 31400 13:44:03 7 12000 13:43:56 7 23600 13:43:51 7 11400 13:43:47 7 25000 13:43:35 7 10000 13:43:18 7 15000 13:43:08 7 75000 13:43:00 7 25000 13:42:24 7 21000 13:41:58 6.9375 22600 13:41:55 6.9375 13700 13:41:54 6.9375 13700 13:41:11 6.9375 14000 13:41:00 6.875 20000 13:40:54 6.875 10000 13:40:46 6.875 10000 13:40:27 6.875 20000 13:38:43 6.875 10000 13:37:49 6.875 10000 13:37:37 6.875 12500 13:36:36 6.875 10000 13:36:08 6.875 16000 13:35:07 6.8125 13300 13:34:21 6.8125 10000 13:33:45 6.8125 11000 13:32:56 6.75 17700 13:29:06 6.75 16100 13:27:09 6.75 15400 13:26:48 6.75 15400 13:26:33 6.75 10000 13:24:26 6.75 10000 12:51:15 6.6875 10000 12:08:01 6.6875 25000 11:35:55 6.6875 18000 11:15:46 6.6875 20000 11:15:19 6.6875 15000 11:05:00 6.6875 11000 11:04:42 6.6875 29800 10:53:05 6.75 15000 10:49:52 6.6875 30000 10:47:14 6.75 10000 10:40:22 6.6875 25000 10:39:51 6.6875 10000 10:31:43 6.625 20600 10:31:36 6.625 18500 10:01:59 6.6875 40300 9:42:17 6.6875 60000 9:40:28 6.625 40000 9:36:20 6.6875 13000 9:31:00 6.6875 10000