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Non-Tech : Iomega Thread without Iomega

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To: John Solder who wrote (8978)4/12/1999 4:47:00 PM
From: Rocky Reid   of 10072
 
Not Looking Good for Thursday CC.

Usually, IOM has a decent run-up the week or so before Earnings are announced. No such event in happening now, however. What does this tell us?

Remember, the big boys assuredly have a much better idea as to what exactly Iomega is going to report in the CC. And these Institutions are evidently not buying IOM.

Only 2.8 Million shares (on a VERY heavy overall Market day) and 1/16 point to $4 15/16. This does not inspire confidence.

Where should one's money be going? That's easy. Momentum Momentum Momentum. Like my JBOH (Up $2 1/2 to almost $15), or AMTD, or EGRP, or a myriad of other stocks that just go Up Up Up.

BTW, AAPL held up VERY well in the CPQ bloodbath. I expect this stock to get a nice rise as their Earnings approaches... and even more after Jobs blows the expected numbers away once again.
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