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: Jayson Moss who wrote (7551)9/24/1996 8:33:00 PM
From: Rodney B. Hill   of 58324
 
To all:

Just have to come clean. Sold 2/3 of my position today at 19.5. Half of it was at a profit, half at a loss. I'm no bear (I still own a little) but I think it's pretty close to fairly valued at 20. Good earnings might push it to the $25-30 range, but bad earnings could mean the $10-12 range. The squeeze-play could add a little more than that in the short term, so maybe I missed a few bucks.

Will keep watching closely and maybe sell my last 1/3 this week. Good or bad earnings (unless they're really bad) and I'll likely be back in fully in mid-Oct.

Rod

Long on IOMG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext