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


To: RetiredNow who wrote (53149)4/20/1998 7:12:00 PM
From: Rocky Reid  Respond to of 58324
 
IOM is trending with the hard drive sector. WDC, SEG, QNTM, all up about the same percentage as IOM. But pay close attention to the continued slowing daily volume in IOM. Support is weak.

Is this the signal of a market top when the dregs of the market start going up? We'll see.



To: RetiredNow who wrote (53149)4/20/1998 8:03:00 PM
From: Naggrachi  Read Replies (1) | Respond to of 58324
 
<<It is kind of discouraging. I think I might put a stop in at 7.75 just to cover myself. But we'll see. I think the euphoria can't continue forever. And when it ends, stocks like IOM will tank.>>

Don't cover!!!!

Surely you did you homework when you shorted those 100 shares, don't let a little movement make you trigger happy. Be patient and discplined not to mention, stay the course. In the end, the reason's that made you short this stock will previle.

Besides, your buddy, Giligann needs some company.

Zead