SI
SI
discoversearch

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 : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: sheila rothstein who wrote (33412)10/26/1997 5:50:00 PM
From: robert read  Read Replies (1) | Respond to of 58324
 
Sheila, i think that investors will rotate into companies that are expected to have the strongest fourth quarter. i have noticed for a long time that while the dow and nasdaq go up big iomega stalls, and the reverse has happened when the dow and nasdaq stall. iomega was still in the teens when the dow reached 8000. i have seen posters here at SI saying that they feel good owning iomega now that the dow, nasdaq, etc, have been dropping.



To: sheila rothstein who wrote (33412)10/26/1997 6:12:00 PM
From: Gary Wisdom  Read Replies (2) | Respond to of 58324
 
<<What's your take on this?>>

Sheila,

This market makes me very nervous. Psychology has been driving the market for 5 years, not rational thinking.

Thus, when Iomega hits $32 tomorrow, I am selling everything.