SYQUEST Message Board - Msg: 3730455

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Technology Stocks : SYQUEST

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To: Dumar Grey who wrote (5889)	3/16/1998 7:23:00 PM
From: Michael Coley	of 7685

RE: Help is on the way! <TIC> Dumar, >> M. Coley, D. Stempson - Help! << You really want my advice? >> I sold all of my SYQT shares and bought IOM on your and D. Stempsons recommendations. What do I do now that IOM is down 30%?<< Wait for the bottom and then short it. >> Should I write covered calls or buy 50k more shares at this bargain basement price? << Or maybe you could just get out of IOM and try to find the next IOM. You know... A company with incompetent management, trading at wild multiples, with tons of competition and a shrinking market, just poised for a huge fall. >> Will it go lower? My broker called this morning about a margin call or something, should I mortgage my house and buy more? There's no way the share price of IOM could go lower than 7 is there? << You didn't already have a second mortgage out on the house? You obviously weren't listening to me, or you would have. Lower than 7? I think it did. I think the lowest it can go is 0. >> I put all of my kids college money into this baby. << Hope they get lots of scholarships. >> You've always said that people should be in IOM for the long haul but I'm even down on the shares I bought in Jan of last year. << Did I recommend IOM to you in 1/97? >> Please help me. What do you recommend? << Shock therapy. - Michael Coley - wwol.com

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