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

To: SouthFloridaGuy who wrote (3506)	11/6/1998 2:39:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 10072

Eggs... Puff: EGGS will probably stall in this area... It is up against the 89 day and 200 day moving averages... Also, there is plenty of supply in this area... MoneyFlow has turned neutral... iqc.com Jim

To: SouthFloridaGuy who wrote (3506)	11/6/1998 2:39:00 PM
From: Rocky Reid	Respond to of 10072

>>are you watching EGGS?<< As a matter of fact, I was earlier today. But I decided to Sell Short GERN (Geron) instead. Glad I did, because GERN is now about 2 points down from where I shorted at $20 1/2. GERN will be back down to $12 or so shortly. >>As far as IOM goes, logic shall prevail here.<< I wholeheartedly agree. And a company that bleeds cash, has no Earnings, is experiencing rapidly declining revenues (-2% 2nd Q Year to year, -9% 3rd Q, expect -15% or so 4th Q), and increasing competition will soon be hit hard with reality. IOM is in a balloon. And a thousand flaming arrows are now screaming upwards as we speak. I'm bailing 3 days before Comdex, or Nov. 13 1998.