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

To: Kevin who wrote (53990)	5/1/1998 10:20:00 AM
From: Senthil Sankarappan	Read Replies (1) \| Respond to of 58324

RE: IOM pattern question? Hi trading pros, I am bit baffled by the recent trading pattern of IOM. I am not expert in trading and one of those buy and hold longs. According to my little knowledge, going up in high volume is very good and i thought IOM kind of was getting some support when it went up big time 10 days back with huge volume. But after that it just continues its downward pattern dipping everyday. Anyone can tell me the possible reasons? Is this just short sellers pounding back after covering during run up? If there were huge buyers close to $9, where are they now esp when there is no significant news lately. What explanation should i give myself? Some upcoming bad news or just some normal pattern? Thanks -senthil