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


To: Reseller who wrote (3601)11/8/1998 5:21:00 PM
From: Thomas J. Smith  Read Replies (4) | Respond to of 10072
 
GET REAL............................................

Friday was the perfect day to sell if you were long or if you would like a ppppperfect short....

When any stock runs the percent this one has (especially the ones losing money) and you get an "INTRADAY REVERSAL" as we sported on Friday, reality sets in over the weekend. The guys that bought in the 4's or 5's (and believe me there alot of them) are thinking that maybe I should grab the profit before it goes back to the 5's..... The other guys that bought in the beginning of the year and the end of last year are thinking about TAX SELLING.......(this is good tax selling ,since a couple of weeks ago they were going to TAX sell at 2 and change) AND by the way this is the perfect candidate for TAX SELLING... The fence sitter are about to dump..... This stock was the biggest hype on the net and the hype-ster are trying to get it higher again... All the burnt IOM investors will not fall for it again..

ENJOY THE 8'S ...THEY WON"T BE HERE FOR LONG...



To: Reseller who wrote (3601)11/8/1998 5:27:00 PM
From: Doug Woessner  Respond to of 10072
 
"Not only did Friday have a huge pre-announced short assault"

Could you elaborate on this? How was it announced? Who announced it?

Thanks.

Doug.



To: Reseller who wrote (3601)11/8/1998 11:01:00 PM
From: Reseller  Respond to of 10072
 
An open retraction of an earlier statement
I don't want to bias anyone one way or the other by my
post and after it was brought to my attention I've decided that I
shouldn't have posted my thoughts on valuation.

I was responding rightly or wrongly in a fun way to a question of
a personal assessed valuation of IOM. I really don't have any
idea of the true worth of an enterprise that has IMO a weighted
potential to replace the 1.44 floppy.

Regards
Reseller



To: Reseller who wrote (3601)11/8/1998 11:32:00 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 10072
 
I can't believe anybody would short a $9 stock when prices have seemingly stablized in its industry; its main competitor is out; and Christmas is on the way!

I agree with your price predictions.

Good luck, may the shorts be squeezed.