Iomega Thread without Iomega Message Board

STOCKTALK

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 : Iomega Thread without Iomega

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Alan Rosen who wrote (1353)	9/1/1998 7:25:00 PM
From: Tom Carroll	Read Replies (1) of 10072

Reasons for today's drop Alan and all, Are you sure the drop today was a response to the lowering of Jaz2 prices? I'm not. There were some terrific bargains out there to be snapped up today, and 2400 trades of IOM shares for the day isn't that much of a stampede. It's simply that nobody was buying, and a handful were selling to make the necessary cash to go snap up some IBM or MSFT at a good price. There just weren't enough trades to indicate a big rejection, and there isn't enough of IOM's revenue stream tied up in Jaz2 sales to cause all that manic a reaction. We're going to drift, mostly down, until it's clear that IOM's back on track with its earnings. Earnings drive all equity prices over the long haul. Cheers, Tom (still long IOM)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next