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


To: Zebedee Wright, Jr. who wrote (34342)11/3/1997 4:20:00 PM
From: Gary Wisdom  Read Replies (3) | Respond to of 58324
 
I JUST LOVE THIS STOCK!!!

Ok, so I sold some today. At least I didn't sell @ $25 like you-know-who.

Stupidly, I was overextended. Now, I can sleep at night.

If the stock goes up this week, I make more money (just not as much)

If it retraces a bit, I buy more!!!

Either way, I just love this stock.

P.S. Thank God for Iomega. It nicely takes care of some of the other bonehead trades I've made this year. Now, I only hold 2 stocks. That is plenty of diversification for my taste.

P.S. To Zebedee, don't worry about your covered calls. If you're making money, that's all that matters.

What a great day!!!



To: Zebedee Wright, Jr. who wrote (34342)11/3/1997 4:36:00 PM
From: Markas  Read Replies (1) | Respond to of 58324
 
Hate to say it ;), but I took a nice profit today on half the Feb30s I picked up the day of the "correction". I've been lucky, and I enjoy trading the options, but, like Edwin, don't plan on letting go of my stock until at least 33. I, too, think we're headed higher but couldn't resist 81% in 7 days! Yea for volatility!

I do think we will see continued resistance @ 30 at least through Nov expirations unless upcoming news is REALLY big and easily digested by the market in light of the competition's Comdex product releases and accompanying hype.

Anyone have any interesting TA to share?