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

To: Rocky Reid who wrote (7961)	3/5/1999 3:22:00 PM
From: Cogito	Read Replies (1) \| Respond to of 10072

Re: Daily volume dropping Does a slow decline in stock price coupled with low trading volume indicate that a stock will continue to decline? I would say that a stock which drops on higher than average volume is in bigger trouble. Since IOM has been dropping slowly in thin trading, it is clear that there aren't a whole lot of people interested in selling. True, there are more sellers than buyers, but not a lot more. I appeal to the more experienced traders and investors to correct me if I'm wrong about this. This is not about fundamentals. Low trading volumes are not a negative, in and of themselves. You said: >>Last year, I closely tracked IOM's volume declines and posted very regularly about it. I mentioned that along with the declining volume was declining interest in this garbage, and with that comes lower stock prices. True to form, the Iomega Bulls here derided these observations and spewed their usual personal (and off-topic) insults towards me. However, they were soon faced with a $2 15/16 stock that many had ridden down from $15 within that last year -- an over 80% LOSS.<< You can make all the assumptions you want about how long everyone was holding. But what you're not mentioning is that the week after hitting that low of 2 15/16, following your warning on that day that everyone who was long should sell immediately, the stock had rebounded dramatically. Within 3 weeks, it came close to 10, intraday. This dramatic rise was accompanied by a big surge in trading volumes. I bought at 7 in June last year, ignored your dire warnings, and sold around 9 in October. Currently, I am long at 6 7/8. I'd be very happy if the pattern of last year was repeated. This time, I may add more if the stock goes below 4. - Allen

To: Rocky Reid who wrote (7961)	3/5/1999 6:23:00 PM
From: David S.	Read Replies (1) \| Respond to of 10072

Rock-a-billy-baby-boy, Don't talk at me. I have no interest in the content of your remarks. I only want to call you names, make fun of you, or spit on you. However, if you were hungry, I would give you a cookie. So please go back to your spiel, spill, sputum, whatever, it is that dribbles from your lip. I'm not at all impressed and my IOM investments will do fine since I am about even now anyway and I have considerable patience. Here's my message. Talk to the animals. Regrets, David S. INTC DELL HD KO WCOM LU IOM BAC UNPH ANSC ZD Doreyism of the day: "What goes down must come up."