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


To: Serge Collins who wrote (3382)11/6/1998 12:28:00 AM
From: Raven McCloud  Read Replies (1) | Respond to of 10072
 
Serge, yes, the stock is still well off the high for the year
and for sure the trend is up. And i'd love to see a new high for
by year's end.

AND i'd rather see a gradual climb than this spike.
Reminds me of Apple's stock when Microsoft infused millions into
the company. I was fortunate to short Apple at it's peak and ride
it down over the next week for an 8 pt. gain.

Now, i'm not suggesting or intending that IOM price action will be
the same. However, i'm concerned that the last three days, look
at the chart, is a spike that has occured to fast.

I'd like to see IOM start forming a nice base above 10 with a
more stair-step price increase. It feels like some of the huge
volume and momentum is frenzy buying. This has to stop at some
point. When it does, we'll witness how strong the street really
perceives IOM's future.

Cheers to all longs.
Feels great to be on the board
and a long shareholder in a
great company.

Raven