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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?


To: Oral Roberts who wrote (448)7/7/1998 7:44:00 PM
From: Rocky Reid  Read Replies (1) | Respond to of 10072
 
>>My 1000 shares of this and stocks like VVUS leave me with little down side risk, but what I think is a fair upside potential. If this stock goes to 0, I lose 5000, If this stock goes to 12, cool! <<

These types of arguments are pure nonsense. It isn't the raw amount up or down. It's the percentages, and more importantly, the likelihood of it going either up or down.

For instance, if IOM goes down to $4/share from $6, that would be a 33% profit. I happen to think that this very situation is likely to happen-- and lot sooner than what Iomega Bulls care to think. On the risk side of the equation (according to my models), Iomega is not likely to go from $6 to $8. Therefore, my IOM short is a good investment.



To: Oral Roberts who wrote (448)7/8/1998 12:17:00 AM
From: KM  Respond to of 10072
 
OT VVUS

Yes, I watched the rise of VVUS (every pun intended) with interest. Guess good ole PW's got some in inventory they need to get rid of <ggg>. I had a great short on it last year - would love to do it again - so could ya'll please inflate that motel back up to 15 or so <ggg>?

Thank you for your support (remember Barles & Jaymes?)



To: Oral Roberts who wrote (448)7/8/1998 12:40:00 AM
From: Salaak of Slyggia  Respond to of 10072
 
Oh please...
Can someone please start a separate thread for Rocky and Vanni??
By the way...What ever happened to that character C rock???