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

To: Michael Coley who wrote (46637)	2/2/1998 4:58:00 PM
From: Bipin Prasad	Respond to of 58324

Michael, If you want to sell @9 3/4, why not sell feb10c @5/8 or so? Or 7.5 c to lock in? Why do you need to lock in so early? I'm going to hold longer and I'll not buy back 7.5p I sold last week. regards, BPP

To: Michael Coley who wrote (46637)	2/2/1998 6:24:00 PM
From: KM	Read Replies (2) \| Respond to of 58324

Michael: Sold half of it at 9 and half at 9 3/16. Sold another 1K today (against my will - margin call). I still look for that 50% retracement (up to 10.25 - 10.375 or so), but when, I couldn't hazard aa guess.

To: Michael Coley who wrote (46637)	2/3/1998 2:51:00 AM
From: Robert Skinner	Read Replies (1) \| Respond to of 58324

For the Record: Sold options @7/16 Sold 1/5 the stock I hold in iom. Did this very close to market close. I was thinking the stock opened up higher than I thought it should have in anticipition of Emerald. Wit no news coming out there could be a let down in the stock. I belive the stock is still undervalued. But less so. I'm thinking the people that have bought in IOM this time are Cautious, Value buyers,. I think these people may be selling. I held becouse there are probably some momunitum buyers comming abord. I don't see much reason for this stock not to go up more. But I think before it does it will retrace a bit. I'm rembering short 2cents. up quite a bit in % turms from lows. Time to shake out week hands. I normally sell to early. There has only been a few times I sold withen a point or two of any stocks highs. Still holding 4/5 my stock positition. I was hoping at some point the stock would retrace a bit so I could buy more. IT just has not happined. Any one looking for a quick profit has not had a reason to get out yet. So as the stock heads higher there are more shares that may want to lock in there profit leaving more down side. Bob