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


To: Bipin Prasad who wrote (52757)4/16/1998 5:37:00 PM
From: Gary Wisdom  Respond to of 58324
 
Re: After Hours Trading: as of 17:18 ET, YHOO trading down 1 3/8, XCIT -4, IOM -3/16....

As I stated before, trading was halted in Iomega after the earnings announcement. Two trades on different exchanges went through, that's all.

As for XCIT, CNBC explained that a venture capital firm is trying to unload 1.2MM shares. That explains why it is down and will be down until they're done.

As for Yahoo, that's just profit taking and nervous nellies as to the XCIT news.

I am neither long nor short Iomega and truly wish it would start going up some day. That day will most likely not be tomorrow.