SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?


To: Herb Fuller who wrote (249)6/29/1998 2:12:00 PM
From: sheila rothstein  Respond to of 10072
 
Herb, I think the shorts are going to take a bath this week and I'm offering my bath tub to any who need it. Love to all the shorts, SHILL-a



To: Herb Fuller who wrote (249)6/29/1998 4:07:00 PM
From: Rocky Reid  Read Replies (2) | Respond to of 10072
 
I have another Short sell order in $6 1/8. PLEASE let it go through!!!

IOM will be around $4.80 after these Earnings are released.



To: Herb Fuller who wrote (249)7/1/1998 4:48:00 PM
From: Rocky Reid  Read Replies (2) | Respond to of 10072
 
Well, so far I'm only up about 1/8 point in my latest IOM short. BUt that will soon change as earnings draw near.

You see, Yahoo currently lists IOM's PE as about 22. Potential investors look at this and think that IOM is relatively cheap for a "high flying" stock. But what they don't realize is that come July 18 or so, IOM's PE is going to jump to over 200 in one day.

When people look at their quote services in mid July and see IOM with a PE 200+, many will bail and most will be scared off of investing in such a risky venture. Then the price will collapse down to its rightful place around $4.80. And below.

Believe it.