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


To: Ken Pomaranski who wrote (53156)4/20/1998 7:56:00 PM
From: Naggrachi  Read Replies (2) | Respond to of 58324
 
<<How's it going over here? Hopefully well..>>

Well, your buddy cRocky, shorted IOM at $6.5 about two weeks ago and the rest is history. Judging by his posts, the poor soul hasn't had a decent night sleep since we moved to the daylight savings thingie.

Oh, by the way, how's SMOD doing?

Zead



To: Ken Pomaranski who wrote (53156)4/20/1998 9:20:00 PM
From: jackdog  Respond to of 58324
 
<< The fact is: Iomega will never make another dime. period. (IMO)
maybe a penny or so ;).Therefore, the long term puts this stock
at $2 or so. What will it do from now until then? who the heck knows?
but you cannot fight the tape. People (especially Iomeganiacs) will
flock back to this cheap stock on any sign of strength, even when
there is very low volume.

Mark my words: One year from today this stock will be trading at
2 1/2. But I won't do anything until this 'rally' plays out. My
likely play is naked calls. The stock moves slow enough to make this
a fairly safe play. But I bet we see 9 7/8 before 2 1/2! I'll wait
until then, or until a new downtrend takes shape.

<<<

What a joke this guy is. It's going to 2 1/2...no, 9 7/8.....I mean, uhhh, time for some naked calls yeah that's it. LOL.

Gotta be a tech geek, talks out of both sides of his mouth. Your words are marked, 365 days to go.

Jack