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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE

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To: Sergio H who wrote (2093)	2/2/1998 11:28:00 AM
From: James Strauss	Read Replies (2) of 2377

I Bought Iomega (IOM) Sergio and All: I bought IOM today... Thechnically, all indicators are heading up... There is a nice "Reverse J" formation of MACD, Time Segmented Volume, RSI, and Stochastics... MoneyFlow has turned positive... Here is some recent news: biz.yahoo.com biz.yahoo.com biz.yahoo.com I believe the recent downgrade by Needham has already been discounted in the price... Iomega continues to be the world leader in the Zip drive area... Here is the chart: iqc.com iqc.com I see a short term move to the 12.00 area, and an intermediate term move to the 16.00 to 18.00 area... Here are some Fundamentals... EPS est's are .63... A P/E of 20 puts the stock price over 12.00... A P/E of 30 puts the stock price over 18.00... dailystocks.net Jim

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