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: Bearded One who wrote (39654)	12/12/1997 7:26:00 PM
From: robert read	Respond to of 58324

you took no sabbatical you were around si all this time. you were just too dismayed to post here. iomega is coming back up but keep posting here because stocks go up and down, i thought that you with more than 2 years experience would know that by now. this was a bad week for the whole tech sector and everything else. dow was down almost 400 points, nasdak about 100.

To: Bearded One who wrote (39654)	12/12/1997 8:18:00 PM
From: KM	Respond to of 58324

Last post of the day (maybe the weekend if I get drunk enough): To all disk drive stock lovers: (from Street.com - nonsubscriber access) * * * * * * * * Jon Olesky, head of block trading at Morgan Stanley Dean Witter, believes stocks will trade up at the beginning of the week, but he doubts that the move will be sustainable. "The market trades like it's out of gas," he says. "The fundamental stuff seems a little more negative than positive." He adds that though the tech selling has been -- in his opinion, overly intense -- the charts still look bad. "The disk drives, there's no sign of a bottom in those stocks. Certainly they haven't begun to make the kind of bottom that institutional managers like to see," he says. * * * * * * * (Back to me): So, when they come up a few points and get at least half way up those Montana-sized gaps on their charts: shoot 'em. I'm going to. Happy trails. May your longs go up and your shorts drop!