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

To: Daniel P. Dwyer who wrote (56606)6/19/1998 4:31:00 PM
From: Bald Man from Mars  Read Replies (1) | Respond to of 58324
 
<< The stock came back 3/4 from its low of the day, which occurred
in the first half hour of the day. Considering today's market, not a
bad performance.>>

The stock will come back down once the specialist clear out
his inventory, the thing is the specialist know that everybody
is going to dump in the open, he opened at 4-3/4 to pick up
all the selling, he then methodically move it back higher to
unload what he picks up at the open ... you know how much
deniro the IOM specialist made today ...



To: Daniel P. Dwyer who wrote (56606)6/19/1998 6:15:00 PM
From: Jim Welsh  Read Replies (1) | Respond to of 58324
 
<<I would not be surprised if today was not followed up by a few
announcements of oem deals,>>

But with earnings to be reported july 18, won't IOM be in a blackout period (as indicated in a previous post). I think it is more likely that we will be back to the slow "torture" decline mode.

Jim Welsh


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