Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Rocky Reid who wrote (35285)	11/12/1997 6:58:00 PM
From: Frank Drumond	Read Replies (1) \| Respond to of 58324

>The "Big Announcement" really couldn't have happened at a worse time.< Rock, as usual your assessment of anything Iomega is negative. We can always count on you for a knee jerk reaction. Next time please limit your post to...."UHGG Iomega bad". That will sum up your usual comments.

To: Rocky Reid who wrote (35285)	11/12/1997 7:00:00 PM
From: Richard Smith	Respond to of 58324

believe me i am not expecting it, iomega has been consistent in its slow but steady rise. i am just happy it is not going down with the rest. remember it was at this price when the dark monday came. the market has not recevered and iomega is attempting to trade higher. but i am happy alright. yahoooooooooooooooooooooo!!!!!!!!!!!!!!!!!!!

To: Rocky Reid who wrote (35285)	11/12/1997 7:21:00 PM
From: Ray Dash	Read Replies (1) \| Respond to of 58324

Actually, Rocky you should have sold your QGLY when it closed at 22 1/8 on Nov. 6-- the second time at this high. The first was in beginning Oct. and the RSI at that point was 80. This second time the RSI only made it to 65-- a very good indicator of an impending selloff. Considering the stock has made a run from 8 to 22 without a consolidation it looks like its about time. Just a classic "buy on the rumor..." Good luck, Ray

To: Rocky Reid who wrote (35285)	11/12/1997 7:28:00 PM
From: Cogito	Read Replies (2) \| Respond to of 58324

Rocky - I'm just curious. Has it escaped your notice that virtually every prediction you have made about Iomega has turned out to be wrong? So now you're telling us that since Iomega's announcement tomorrow will happen at a shaky time in the market, it won't run the stock up by a huge amount. Given your history, that makes me very glad to be long. Did you notice that while the entire market was tanking today, Iomega was up? And if there's no run-up tomorrow, so what? Who's expecting one? Now, do you think some temporary market jitters will eliminate the long-term effects of a major breakthrough in an entirely new product area? Get a grip, man. - Allen