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Non-Tech : Trading IOMEGA based on technical analysis -- Ignore unavailable to you. Want to Upgrade?

To: Michael Coley who wrote (1452)	6/4/1998 9:18:00 AM
From: Ben Antanaitis	Read Replies (2) \| Respond to of 1511

Herb, In most cases breaking a support line does indeed make it a resistance line. But, IMO, since this appears to be a manipulated move, by one or two professional short sellers, or a competitor, or a combination of short seller and competitor, that spiked the price, the upside resistance might not be as strong as normally expected. Now that opinion is tempered with the thought that IOM cannot flow upstream in a flood. If the tech market gets caught up in another round of 'bad news' rumors that turns on all the sell programs, IOM will do well to hold in this trading range. Mike, expect more 'bad' news releases. It appears to me that the lap-dog of the professional IOM short sellers, Herb G, has been given new orders to take every opportunity to re-hash his vitriol against IOM. Unfortunately, that will prompt more pontifications from certain people, in the main IOM thread, who stop in to state that they possess the only pure insight and everyone else who may think differently is suffering delusions. It is sort of like those wacked out evangelicals who stand on the street corners, down here in the south, and shout at anyone who passes by on the street. They possess the true insight and everyone else is going to hell. Makes you laugh, but a little sadly. JMHO, Ben A. ez-pnf.com

To: Michael Coley who wrote (1452)	6/4/1998 9:27:00 AM
From: Herb Fuller	Read Replies (2) \| Respond to of 1511

Michael , Re:>>> wondering if there just might be enough good news coming to bust through the resistance there. <<< Michael , I can think of no better news for Iomega than their Clik becoming a viable product . Even rocky believed that it would deliver a kick in the stock price . That being said , the entire computer business is under pressure at this point in time and this has to be a part of Iomega's problem as well their disappointing profit picture . Komag is a related Company as they produce thin-film media ("disks") and look what is happening to them . exchange2000.com Good luck to all , Herb