Any info about Iomega (IOM)? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joe Rizzo who wrote (2773)	6/13/1996 12:55:00 AM
From: Jay Chaffin	of 58324

Joe, you wrote: >>Market Value of Iomega now exceeds Seagate and Western Digital combined, net of cash. Shorted more Iomega; went long Seagate and Western Digital.<< Is shorting a short-term play for you? If so, it seems that you should have shorted all three. IOMG down 4+ since this post, SEG down 4+, WDC down only 3/4. Is this just the correction you were looking for in IOMG with SEG and (to a lesser extent) WDC following in sympathy? Is this just a general correction for the entire storage market (QNTM also down)? I would be interested in your analyses. The 10 day comparison chart indicates a consistent downward trend for all with the notable exception of the 6 point gain on the IOMG-IBM news. Actually, SEG, WDC, and QNTM have been tracking downward for at least the last month. IOMG tracked with them up to May 17 but then diverged. (Boy, the comparison charts here at SI sure are helpful!!) Anyway, I am looking forward to your analysis. Jay LONG on IOMG, no position in the others

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next