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


To: KM who wrote (48180)2/18/1998 7:46:00 PM
From: E. Graphs  Read Replies (1) | Respond to of 58324
 
That would fit right in with Maxie's call this Friday.

pipeline.com



To: KM who wrote (48180)2/18/1998 8:38:00 PM
From: Ken Pomaranski  Respond to of 58324
 
Truff,

I have a question for you (Like I said, I'm always learning, so
bear with me)

Why do you buy calls on stocks that are in a downtrend? Why not
stocks that are in a well defined uptrend? There are so, so many
good stocks that have charts which are up and to the right. Once
a trend is in place, it usually takes an act of God to reverse it.

(Last year at this time Iomega was in a nice little uptrend trying
to bounce off a double bottom in the teens. I know, because I
played it too.)

It seems to me that short term, the stock isn't going to rebound,
so to be in it for the quick buck seems like a strange play. For
the long term, Iomega needs to get to 11 1/2 just for you to break
even. After a .07 quarter, this may be a little tough.

kp



To: KM who wrote (48180)2/18/1998 8:43:00 PM
From: isdsms  Read Replies (1) | Respond to of 58324
 
OT ....looking for a Dell pop tomorrow. How do you see it(earnings) affecting Compaq?