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: Fred J. Ledo who wrote (34364)11/3/1997 9:10:00 PM
From: Gary Wisdom  Read Replies (1) of 58324
 
Fred, re: ASND

I know you didn't ask me, but I am long ASND and will issue the following caution to you:

Currently, the street HATES Ascend. It goes down every single day. I have a very small position in the stock and will buy more. However, at this point, I will be very patient and selective (I suggest you do the same).

I am looking for $22 before picking up any more shares. Even then, I will not be expecting any good news for another quarter, at the minimum.

Be careful here. I might suggest pouring more money into Iomega. It is a much better investment than ASND at this point.

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