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

To: go4it who wrote (6224)	1/21/1999 1:43:00 PM
From: rll	Read Replies (1) \| Respond to of 10072

There is no absolute answer to your question because for every share sold there is a buyer. The price at which it was traded gives you a clue on the traders motivation. This is especially true for large block trades.

To: go4it who wrote (6224)	1/21/1999 1:53:00 PM
From: Merg	Respond to of 10072

Charles - All scenarios you suggest are possible, I do not have level II quotes. I am basing my opinion on the fact that the stock did not drop during these block trades, but instead either went up or held its price. I first bought IOM @ 7 1/8 and have increased my holdings @ 7 7/8 and again recently @ 9 1/8. If it turns out to be institutional buying then I would expect an increase in their accumulation. Tomorrow will probably see some profit taking but I would expect a resumption of the upward trend within a short time. Aside from the block trades (accumulation) I believe that Q 4 will show a substantial increase in OEM sales as well as direct sales. I'm estimating EPS to be $0.09. Merg