SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bruce Aronow who wrote (3199)6/18/1996 6:33:00 PM
From: Erik J. Lupien   of 58324
 
A little prediction about tomorrow a.m. ???

Maybbe we'll open on a gap maybe not. Where ever we open we'll rise until about 9:45 to 10:00 a.m. then profit taking will take place and we'll see a drop probably below where we opened. If we hit $25 during this a.m. session we'll also probably see another hit of stop loss orders executing sell orders and maybe another drop of $5 to the low twenties. This will certainly be one of the day's buying opportunities.

The media will trash IOMEGA tomorrow. "Net Hyped IOMEGA crashes more than $10" they'll say. Let the short position increase I say. Let the media continue to trash IO, I say. 24 days to Q2 numbers, I say.

Tomorrow, I'm selling off other investments and increasing my position in IOMEGA.

The ride is wild. No roller-coaster can compare!

Regards,

Erik.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext