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


To: Thomas J. Smith who wrote (3948)11/12/1998 7:16:00 PM
From: RedCrystal  Respond to of 10072
 
Ignore the prognostications of Mr. Thomas J. Smith at your peril!

All, I will warn you only once. Ignore the prognostications of Mr. Thomas J. Smith at your peril! If you don't believe me, read the following example of his awesome analytical abilities. (Note the date.) ;-)

To: Meathead (26534 )
From: Thomas J. Smith
Tuesday, Dec 30 1997 7:08PM ET
Reply # of 79345

Dell cut prices back in early DEC. as per their news release......

WHY? WHY? WHY?

I'll tell you.... If Christmas sales are short of expectation you have to start cutting prices to increase movement.... Cut prices and you cut into margins......

These cuts are early signs of the 40% growth built into DELL's share price will be to much for the box maker to keep up with.

Note: the rallies in MSFT, DELL, BAY, TECH's etc. and even the Small guys like ORBKF are with LOW LOW LOW volume and are just rallies from oversold conditions. Remember one thing, when the news is the way it is,,,, The Jan. effect coming before Jan.,,,, is a good indication that we have already seen the Jan. efffect.

The best thing about the last three days is that fact that no one is warning that the entire rally sports no volume with big price movement.