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Non-Tech : Iomega Thread without Iomega

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To: s. bateh who wrote (9603)5/3/1999 2:42:00 PM
From: Rocky Reid  Read Replies (3) of 10072
 
Short NTBK @ $193

We are due for a correction. The Internet Brokerages have been leading the way down for a week now. Others sectors like NTBK will follow. Look for an 8%-10% overall Market Correction.

I'm riding NTBK DOWN. ...IOM you ask?

Well, IOM is mired at its present level. It will take an overall Market Correction like the upcoming one to shave more $$$ off IOM's price in the short term. At the same time, it would take monumentally GOOD news to bump Up the price. In other wrods, this turkey is dead money. Better plays elsewhere in the market.
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