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


To: KM who wrote (39963)12/15/1997 12:30:00 PM
From: Roland Fehrenbacher  Read Replies (1) | Respond to of 58324
 
Truff, I believe a short-term tech recovery is near. Remember all
those guys who sold puts. They sure wanna cover their asses by Friday.

It is really funny. J. Cramer shouts sell techs, and everybody is following. Bought some 22.5 Dec calls for 2 7/8, and bought back my
entire IOM position at 25 3/16 (sold 1 1/2 hours ago at 26 1/16).



To: KM who wrote (39963)12/15/1997 12:31:00 PM
From: Michael Coley  Read Replies (1) | Respond to of 58324
 
RE: Out of Everything Except IOM.

Trufflette,

>> I've sold everything except my IOM stock and Feb. calls. Everything and I mean everything. <<

Everything?

Even your shorts (SYQT, etc.)? [NEVER MIND...JUST SAW YOUR LATER POST.]

The only options you have left are Feb. IOM's?

Wow!

I'm very similar. Last week I sold most of my other stuff and bought more IOM (at 26 7/8). Other that tons of IOM and Feb calls (25's and 35's), I only have a Jan. bull spread in BORL (7 1/2 - 10).

- Michael Coley
- i1.net



To: KM who wrote (39963)12/15/1997 1:12:00 PM
From: E. Graphs  Read Replies (2) | Respond to of 58324
 
Trufflette,

Going on intraday levels to make your decisions? I've got to wait and see the close..........maybe........well, we'll see how close to the coals I can stand it anyway. Didn't like going below 1525, not one bit. We're pulling back up to it now. Wonder if we'll just head on back down from here......or recover & do an intraday reversal.

Good Luck,
E



To: KM who wrote (39963)12/15/1997 6:00:00 PM
From: Judy  Read Replies (2) | Respond to of 58324
 
Hi Truff, you sold everything so soon? We are having a relief rally, have a cup of hot coco while the market tanks and wait for it. btw, I'm short CSCO puts waiting for the stock to hike it back up. Wish me luck.

Did you close the driller shorts, they came to their 200-day ema intraday today. Should bounce up with the market, and then hit them again.