Iomega Corporation

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Friday, October 27, 2006

Energy Futures Update

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After yesterday’s rejection at the $61.70 for WTI Crude Oil level the picture is looking a bit gloomier for Oil under the 60.30 level.
Trading now around $60.00, any weakness on the US GDP below the 59.40 strong support and Oil would slide back towards $58.50.

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