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


To: Michael Coley who wrote (57829)11/4/1998 1:09:00 PM
From: Spartex  Read Replies (1) | Respond to of 58324
 
Michael,

Those resistance points seem to just be melting away the last few million shares traded, as IOM is now asking 8 3/16's. This has got to cause a stir in the "shorts" for sure... =;-)

Regards,

QuadK



To: Michael Coley who wrote (57829)11/4/1998 4:54:00 PM
From: Jimbo Cobb  Read Replies (2) | Respond to of 58324
 
LET'S START SHORTING THIS OVERPRICED PIG !!!!!!!!!!!!!!!!!!!!!!!!!!!!!



To: Michael Coley who wrote (57829)11/12/1998 10:13:00 AM
From: Michael Coley  Read Replies (1) | Respond to of 58324
 
RE: Re-entry point.

A little over a week ago I said:

>> I just pulled the trigger and sold 2/3 of my position at $7 11/16. I'm looking for a drop of at least a point to buy back. <<

It just traded for a point lower than my sale, so I'm now looking for a re-entry point. I missed the top by a day or two, and don't want to make the same mistake on the bottom.

Like I said, I'm still a long-term bull and expect a good long-term return for my investment, but the recent run up was a little too fast to sustain. It had to fall and will consolidate somewhat before it continues up.

There are still many positive surprises coming, IMHO. I won't stay light on IOM for long.

Driving the truck around looking for the best dock to load up,

- Michael Coley
- wwol.com