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Non-Tech : Iomega - A Civil Discussion

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To: Michael Coley who wrote (1527)	6/3/1997 3:22:00 PM
From: Michael Coley	of 1908

RE: I hit my short-term target this afternoon Yesterday, I said: I'm lowering my short-term targets, and will re-evaluate when the 7 millionth drive is announced. This afternoon, I hit my new short-term target and sold 1/3 of my position at a 41% profit. I may have picked too low of an initial target, but I like to stick with my targets once I have set them, unless situations change drastically. I was figuring that it would take a 10 million share day with a close over 20 to break through this resistance. Today will be close. If we break through 20, I still have 2/3 of my position. If we fall back, I'll buy some more and play this game again. - Michael Coley - i1.net

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