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


To: James Strauss who wrote (58109)12/17/1998 11:10:00 PM
From: Dave Krishna  Read Replies (1) | Respond to of 58324
 
Jim,
I like the way the stock has been trading, up on high volume days and down on low volume days. The 50 DMA has crossed over the 200 DMA, which is great. However, there will probably be a lot of tax loss selling through the end of this month. So, we may go nowhere. Next year is really starting to look good though. If we get good earnings in January, the street will really start believing that IOM is turning it around. From all the recent news it sure looks like they are.

Dave