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


To: LORD ERNIE who wrote (57844)11/5/1998 3:27:00 PM
From: James Strauss  Respond to of 58324
 
Ernie:

Good observation about the share turnover... Since the bottom over 40% of the outstanding shares have been traded... This usually happens when there is a changing of the guard in shareholders... This is very positive for IOM because there are a lot of new shareholders that aren't waiting to break even at various higher price plateaus... This gives it the strength to power through resistance levels...

Jim