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


To: Linda Pearson who wrote (33605)10/27/1997 6:06:00 PM
From: Paul Angell  Respond to of 58324
 
Linda,

Interesting point about the HK investors selling gold to cover marging calls...

Stephen Roach cautions on there being too many theories which could affect the volatility of the endgame...

ms.com

He also points to the distraction the Feds will have against putting up rates meantime.

Back to IOM. We still have growth potential at a reasonable price. A little patience might be worth more than a bunch of options at this stage.

Paul.

PS. I have been doing my fair share of knee-jerking. Last week I sold my entire trading postion in IOM at 27.75 and regretted it when I saw the continuing upward momentum. I bought them back today because I was greedy for more at 27.5625 and now I regret that. I almost cancelled my buy order last night when I got the news on HK but i decided that it could not affect IOM. You know something - in the longer term it won't!