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


To: FuzzFace who wrote (34086)10/30/1997 6:52:00 PM
From: D.J.Smyth  Respond to of 58324
 
Edwin, much of SYQT activity today was short covering. They obviously saw better deals elsewhere in the market and moved their money. Unfortunately, they moved it to some of the issues we own. Don't ask. Shorts get very brave in these type of markets, just as longs do when things are going through the roof, neither view is correct and I've sinned on both ends and not followed my indicators every time. It is doubtful the love me tender attitude toward SYQT will last much longer unless they figured out how to raise Elvis.

SYQT activity on the plus side was not an indictment against IOM. The market is playing annie annie over - no one knows where the ball is going to come down next.