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: isdsms who wrote (35721)	11/14/1997 1:55:00 PM
From: Mel Boreham	Respond to of 58324

Ira, thanks for the reply... Good Luck on your options stategy! I was looking at KLAC yesterday and was hoping it would sit in the high 30's, but it took off like a rocket and is has gone from around 38 to 44 or so in just 2 days. I rode it from 28 to 50+ and then sold it earlier this year, only to see it continue on up to 76!! But, then I used that cash to buy more IOM at around 18.5 so it wasn't a bad move in the long run. Still think that KLAC is a super buy in the mid-40s. Regarding IOM, I am strictly "long term" on this one and am hoping for a stable climb to the 40s by Feb or so. I could convert the shares in my IRA into trading shares somewhere along the way, but being only a year away from retirement, I have to watch things a little more closely now. KLAC, BAC and MOT were very good to me over the past year or so, but I was one of those who jumped on the PIXR bandwagon at the wrong time, so have some healthy stock losses to carry over for the next few years... guess it was good for something! Anyway, Good Luck and remember that this is an entirely new ball game now with the CLIK! coming on the scene next year... Good trading Mel