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: Zebedee Wright, Jr. who wrote (50974)	3/23/1998 3:00:00 PM
From: Rocky Reid	Read Replies (1) \| Respond to of 58324

>Looking good @ 7.25...cover now. << Zebedee...the whole tech sector is looking good today. Even SYQT is up a greater percentage today over IOM. However, on any sign of tech weakness, look for IOM to dive down faster than a Typhoon-class submarine.

To: Zebedee Wright, Jr. who wrote (50974)	3/23/1998 3:19:00 PM
From: Rocky Reid	Respond to of 58324

The signs are all here-- a correction is coming -The techs are running (especially the risker Internet issues) -Elaine Garzarelli ups her DOW estimate- a sure sign of pending disaster. -Tech earnings are down. The realization of this will not hit until Earnings season rolls around in a couple of weeks. -IPO's are hot. This indicates most other established stocks are too expensive. -S&P index has popped way up in a very short amount of time. The correction is coming soon. I'm glad I have short positions in what I see are the stocks poised for the greatest fall- AOL, YHOO, and IOM. **When people see how Iomega's Earnings loss pops the PE ratio way up, the stock price will correct downward.