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: Christopher Charles Milas who wrote (8141)10/2/1996 10:15:00 PM
From: Christopher Charles Milas   of 58324
 
Due to some e-mail I have received, I want to clarify my position on IOMG in regards to my past three posts. Each of these posts gave advice on a different length of strategy (i.e. short, medium, long.) Below is a summary:

For those going Long:
IOMG will almost definitely reach high 20s low 30s near or after the end of 4Q with several cyclical spikes. Hold until then, or sell during a high cyclical spike. After 4Q it is very hard to predict.

For those in the medium term:
Sell once it reaches 26ish to 28ish. You probably won't see
better prices unless you change your position to long.

For those in the short term:
Don't buy anymore IOMG because we are near a localized maxima of 26-27. There are much better short term stocks
available, and now is the time to get in, before prices
rebound after 3Q earnings (for those companies which are
rebounding). There may be cyclical spikes which could either help or hurt you. However, this is incredibly risky.

To all: This may or may not be a good time to buy if you're long or medium. Don't trade this stock in the short term, because you stand a greater chance of losing your money
by buying in at the current price.

I hope this clarifies my past 3 posts. I must also reiterate that these are my predictions, and with a volatile stock like IOMG this could change over night. Hope this helps.

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News