SI
SI
discoversearch

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: Brent D. Beal who wrote (43306)1/13/1998 2:46:00 PM
From: Teddy  Respond to of 58324
 
Brent, Sell your IOM ASAP.(EOM)



To: Brent D. Beal who wrote (43306)1/13/1998 2:52:00 PM
From: R. M. JONES  Respond to of 58324
 
Brent:

Just read your post. Look at the chart. Since October (split
adjusted), it has never gone below 11 per share. Check the
volume. Not enough player to make it go. All of my indicators
are showing over sold.

for what it worth

RMJ



To: Brent D. Beal who wrote (43306)1/13/1998 2:56:00 PM
From: David S.  Read Replies (4) | Respond to of 58324
 
Brent, I just talked to a broker in NY I know well. Over the last
6 months I turned him on to the Iomega story, but he didn't really
buy it, although he said he did. Now he tells me the house at
Bear Sterns is buying tons of IOM for distribution to their clients.
(Their clients don't know it yet! Shh, don't tell them.)

He said the back room at his firm, a more elite operation, is also
doing the same.

This is the way they operate, load up on cheap stock, and then
hype it to their clients, who pay market price, and have no idea
they are getting it out of inventory. Don't ever believe that
they make their money solely on commissions.

Regards, David S.
Long on Intel and Iomega



To: Brent D. Beal who wrote (43306)1/13/1998 4:16:00 PM
From: Brendan2012  Read Replies (1) | Respond to of 58324
 
Or maybe we just need to buy as much as we can now before these issues are laid to rest.

Brendan