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: Francis Muir who wrote (45756)	1/26/1998 10:21:00 PM
From: Naggrachi	Respond to of 58324

FIDO: What was the link to that site where I can get an internal drive for $69+? Zead

To: Francis Muir who wrote (45756)	1/26/1998 10:29:00 PM
From: Zakrosian	Read Replies (1) \| Respond to of 58324

The price fell steadily today from 9 3/8 down to 8 1/2 amd there is no reason to suppose that it will not continue falling at least for this week. I cannot imagine why anyone is buying right now. Et tu, FIDO?

To: Francis Muir who wrote (45756)	1/27/1998 12:45:00 AM
From: Rocky Reid	Read Replies (2) \| Respond to of 58324

>>You're joking, right? The price fell steadily today from 9 3/8 down to 8 1/2 amd there is no reason to suppose that it will not continue falling at least for this week. Francis is right. With the margin calls going on it could dip more. The next real support is $7 1/8 or so. This is probably closer to the bottom. I almost pulled the trigger and sold when I saw $9 1/4 today (maybe I should have) and dumped the shares I picked up at $8 5/8. This would have only given me a marginal profit, so I held off. I think I can pick up some more in the 7's pretty soon. Incidentally, what exactly DOES happen when one can't meet a margin call?