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


To: Herb Fuller who wrote (53315)4/21/1998 7:27:00 PM
From: FuzzFace  Read Replies (2) | Respond to of 58324
 
I'm nothing if not flexible. <g> I have to admit, I'm giving up on seeing 5 1/2. It just seems extremely unlikely in light of this week's runup. So when it starts back down, I'm looking for it to retrace 1/2 of the rise, which would be to 7 1/2 as of today's close. I couldn't call the bottom, but I know IOM well enough to wait for the 1/2 pullback. It would have to rise to over 10 1/2 before the 1/2 pullback got me in for more than today's closing price. And I don't think it's going there for a while. OTOH, given how wrong I've been lately, that should send the shorts running for cover!