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


To: Rocky Reid who wrote (43524)1/15/1998 12:46:00 PM
From: Zakrosian  Respond to of 58324
 
<<Good numbers don't mean squat in this market. IOM could turn in $1 a share next Thurday, and the price would go down 1/2 point on volume of 500,000. >> Unfortunately, I'd have to agree with you after watching the action on APM and HMTT today. Fortunately, revenues will continue to increase as Zip inclusion exceeds 25% by the end of this year, so long term it doesn't really matter what Wall Street thinks.



To: Rocky Reid who wrote (43524)1/15/1998 1:14:00 PM
From: John Solder  Respond to of 58324
 
Ignore that man behind the curtain...



To: Rocky Reid who wrote (43524)1/15/1998 5:54:00 PM
From: FuzzFace  Respond to of 58324
 
Rocky, I took the liberty of rearranging your post to simulate the truth. Here's how it should have read:

As for INTC, it is bye-bye. If I were smart, I would get the hell out of Dodge in that one ASAP. They warned yesterday that earnings could be flat next Q. This means that bad news is just beginning to sink in to the suckers like me who bought just before earnings. The doom and gloom scenario written on this thread yesterday about INTC falling to 35 is a bit rosy. When Intel turns in worse numbers than expected (as they are prone to do) next Q, the price will collapse. Its present PE has 'compressed' to 19-20. Its earning have been dropping for a year, propped up this Q by a share buyback. It had been trading at a PE of around 27 for most of last year. INTC share price is right where I bought it a couple of days ago, but I am disappointed that it didn't have a short term sucker's rally. This should serve as a warning to INTC shareholders that the company is playing them for suckers.

Good numbers don't mean squat in this market. INTC could turn in $10 a share next Q, and the price would go down 12 points on volume of 50,000,000. Simply put, Wall Street hates INTC. And Wall Street is in a bear mode right now. When revenues start to decline next year, watch out. INTC will be doomed in a Wall Street Bear Hug.


So to summarize, INTC is in the prone position. They are in bear hug mode, squatting in the woods for the short term, a warning nell for Dodge owners.

Rocky, could you take a look at your 'charts' and confirm that INTC has strong support at around 30? Thanks.



To: Rocky Reid who wrote (43524)1/15/1998 7:30:00 PM
From: Linda Pearson  Respond to of 58324
 
Rocky,
<On the other hand, look at AOL. What a powerhouse-- Up again near it's all-time high. That baby has been testing this 92-93 level for a couple of weeks now, and it will probably break through soon. No profits, losing subscribers, but stock price still appreciating.>

That's right, AOL will go up and up and up. If you invest with this sense of security, you are destined to make many mistakes over many years. I would suggest to you to take another investment approach.

<IOM stock will sit and do nothing for a long time while its presently hot selling Zip gets more and more obsolete.>

Obsolete?? Everytime I think you can't top yourself, YOU DO!!!

Wow!

Linda