Any info about Iomega (IOM)? Message Board

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Non-Tech : Any info about Iomega (IOM)?

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To: Rodger Wenzel who wrote (8275)	10/3/1996 6:48:00 PM
From: Sabrejet	of 58324

The statement "...Once these are announced (implied OEM deals) it will be too late to get in." and "...but what if it goes up $2.00 on tomorrow...Do you think that I'll get it cheaper the day after that.. and again..." The fact is I expect more deals to be announced. I have a learned understanding of where IOMG is heading, it's current price and it's future price. Not enough to predict the exact number though. There is a statement of fact that says it is better to be sure of a breakout rather than to guess at it and get whipsawed out of your position. I got in the last time at 18+ on technicals. Not at 14. I have since been short and long a total of six(6) times! I have been "fortunate" to have taken all six as positive trades. Now don't get me wrong, I'm not boasting but I have a system that seems to fit this now. I am currently short. My indicators say that the time to buy is not now for the short term unless you day trade. I may take a profit tomorrow than establish another position on any moves up greater than one point where I cover. If you're shorting 100 shares that probably won't produce much so you have to make it worth the one point! I hope we all make money on this! I understand no one person here pays into my retirement so I have to take positions on TA most of the time. Shorting is somewhat TA at it's best. Good luck to you! Rich

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