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


To: Amadeo Mendez-Vigo who wrote (52447)4/14/1998 12:19:00 PM
From: Bill Hernandez  Read Replies (2) | Respond to of 58324
 
Earnings should only concern short term traders and nervous nellies. IOM is in a long term bullish trend and that's what counts. I think the Motley Fool has it right to hold on. Short term, things do look awful and if I was a day trader trying to squeeze every last dime out of the blips and beeps, I too would frantically be talking the stock up or down. That's not necessarily bad since they keep the stock alive and interesting to watch. In the end, with the long term uptrend, we'll be seeing the stock in the teens again. This is not a time to sell.

Along with many other technical indicators, I like to watch the Put/Call interest. The stock price tends to gravitate to where the greatest interest lies. Perhaps that's why 90% of options expire worthless. There is negligible interest below 7.5. There appears to be a considerable battle between ~$7 and ~$10. I like to believe that it predicts something and it's "usually" right. The future put/call interests are higher than todays. Bull-y!! I visit the following site for the figures:

lombard.com