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


To: Gary Wisdom who wrote (35906)11/15/1997 2:14:00 PM
From: Senthil Sankarappan  Read Replies (1) | Respond to of 58324
 
Gary,
If your post was meant to me, i am also one of the people who like your volume analysis. I think there is some meaning to that analysis since short term movement in a stock are based on TA - volume analysis and i am happy that some people make money out of that. Even I play options once in a while but I would never blame IOM if i lose money in this game. I have major holdings in IOM as long term and the short term money will be very negligible and is the money i am willing to lose.

So, I repeat. I am not against your volume analysis or in in fact any kind of meaningful analysis which can make some sense. My post was against moementum players who think they know better than IOM's very successful marketing team and try to blame them for the short term stock movements.

Thanks for your efforts. Even your volume analysis clearly shows that there are good number of buyers than sellers. Even IDB's A/D rating is A and RSI is 84 and I don't know why some people are so upset about IOMEGA just because it has very mature holders and not just momentum players.

-senthil



To: Gary Wisdom who wrote (35906)11/15/1997 2:24:00 PM
From: Ken Pomaranski  Respond to of 58324
 
Re: short term investing ;)

Gary, to tell the truth, I do enjoy your price/volume posts,
and, yes, I do a lot of short term trading in my account!

What bothers me is the whining and crying from the short termers
complaining about the hourly stock movements. Stocks fluctuate!
If they want an investment that increases every day buy a CD.
(Gary, this is not directed at you...)

It's very simple: the stock price hasn't moved because of confusion
surrounding the split. The products, balance sheet, etc. are rock solid. The confusion will pass, and the stock will move according to
fundamentals.. In the meantime, enjoy!

kp