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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?

To: Senthil Sankarappan who wrote (1808)	9/25/1998 11:39:00 PM
From: Rocky Reid	Read Replies (1) \| Respond to of 10072

Volume Falling Rapidly One Again In case any have not noticed, IOM's daily volume average has crashed well below 2 Million shares/day, and with more recent daily volume as an indicator, is in great danger of falling below 1 million shares/day in a month's time. What does this have to do with anything important, you might say? Glad you asked. You see, daily volume is a good indicator of investor interest in a stock. And interest in IOM has fallen off the back of the truck. Mutual Funds don't like investing in low volume stocks because the price is too unstable to trade on. And besides, a wart like IOM looks bad on the portfolio. IOM is nowhere near the bottom of its decline. But Iomaniacs refuse to look at the fundamentals, and can only see shiny Zips and Vapor!'s flying as they stare at the heavens. Meanwhile, they are drowning like chickens as the rain pours down from the sky.