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


To: Rocky Reid who wrote (53543)4/23/1998 6:54:00 PM
From: Gary Wisdom  Read Replies (4) | Respond to of 58324
 
Re: Rocky's "We are entering a correction. You heard it here first."

No, Rocky. We've been hearing that from thousands of geniuses like you for 5 years now.

Of course, you will be right someday. Maybe once the Dow hits 15,000 and you've been losing money on shorts the entire time.

Infoseek at $32. I have after market time and sales.

You're hosed once again. Congratulations.



To: Rocky Reid who wrote (53543)4/24/1998 10:37:00 AM
From: Hunter Vann  Read Replies (1) | Respond to of 58324
 
My take is that any rally tomorrow won't last. They're all horribly overvalued right
now.
From that quote, I'm still comfortably ahead in my short by $2.

We are entering a correction. You heard it here first.


NEVER..EVER try to time the market. You will lose. NOBODY can consistently
predict the future movements of the market or the day to day gyrations. I'm having a
hard time figuring out whether you're an investor or a trader. By your recent posts, I
would assume that you think of yourself as a trader. Traders usually adhere to one basic
principle; they rarely take positions in securities during the release of earnings. Too much
risk. SEEK is a prime example of this inherent risk. Market closed .... you're losing
money ... and there's simply not a damn thing you can do about it. Most traders take it
off the table before the bell.

I just can't imagine someone shorting an internet search engine company @ $32 bucks.
For goodness sakes, why not Yahoo? Same valuations and you certainly have more
profit potential in a $100 issue than a $32 issue. I'm really trying to understand...

SEEK +5 and IOM going back to $9....