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


To: KM who wrote (35755)11/14/1997 12:01:00 PM
From: Gregory Cole Brock  Read Replies (1) | Respond to of 58324
 
**OT**

Trufflette,
On INTC.

I think we had some kind of bottom at 70 then a higher bottom at 72, with the last few days bouncing between 78-75 intraday. I think alot people were hoping for a move back to 75 today but some large trades came in at 77-77.5 to stop the drop. Now it seems to be moving back up on really low volume. I think INTC is about to break out of its downtrend but I am such a lousy trader on INTC I am content to let my long term position ride and not add to it.

I was thinking of trading IOM today. I still remember the difficulty getting through 25. Course there was alot of resistance there.

Greg



To: KM who wrote (35755)11/14/1997 12:14:00 PM
From: Zebedee Wright, Jr.  Read Replies (1) | Respond to of 58324
 
Trufflette

Checked the volume on IOM puts today? Everyone must be asleep over there.

I'm long the Nov 30's, Dec 30's & 35's, Feb 30's, & May 30's. I plan on exercising and keeping the stock for the long term. Looking for a min. of a 10 bagger on the stock within 3-5 years.

Do be careful with the Jan's because of earnings release.

I'm closing on a house I picked up on the cheap and renovated. So I'll be flush with cash this afternoon. Very soon thereafter, I'll exchange the cash for IOM. (maybe I should save some for IOM stock annonymous, it is very addictive)

Zebedee