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Non-Tech : Any info about Iomega (IOM)?

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To: Cogito who wrote (17668)3/7/1997 2:08:00 PM
From: Jeffery E. Forrest   of 58324
 
Allen, thanks for the um...compliment.. I think?<gGGG>

I will certainly be ringing the bells and making my prescence known if/when I go long. I've been watching from the sidelines for awhile, but it just hasn't quite done what I'm looking for YET.

I'm still looking for a two day CLOSE above the 20DayXMA. It's a great tool for a trade and if things go right it can also be a good tool for an entry point for a longterm hold. Right now it keeps bouncing off from it as soon as it touches it.

I just want to make sure IOM has found a bottom and as tempted as I am to take a flyer, I have to remain disciplined and wait. Even if I miss out on a point or two.

I am still catching up on the IOM Fundys too. I've been WAY too busy playing the N'workers and Shorting RACE to keep up. I just covered the last of my RACE short for 11+ pts, so have some extra time and cash in the warchest.

Good Luck
J.E.F.

BTW, you probably know this already, but Briefing.com likes IOM.
I have been VERY impressed with their picks. Sometimes they are a bit early with the call, BUT sooner or later their picks usually come true.
They have been particularly good at picking TOPS. I escaped from a few meltdowns thanks to Briefing.
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