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

To: Michael M who wrote (4048)	11/14/1998 10:44:00 AM
From: Ben Antanaitis	Respond to of 10072

Michael, The first thing to remember about the Max-Pain&#153 hypothesis is that the effect is a second order effect ie first order effects (breaking news, earnings reports, momentum buying/selling, Greenspan, 'the wacki Iraqi', etc.) will swamp it out. So, this month, awash with optimism and an impending flood of news releases, and potentially more upgrades based on a great technical chart pattern, I also doubt that IOM will see $5 by Friday (or, to be honest, hopefully ever again). The reason for getting stuck at $5, is the massive number of $5 calls that were sold months ago by folks expecting them to expire worthless. The $7.5 and $10 Nov. call action just hasn't overcome the $5 Max-Pain Point&#153 inertia. It currently looks like there will probably be 1.6Million shares that need to be delivered to cover the Nov $5 Calls and potentially 1.5Million shares to be delivered to cover the Nov $7.5 Calls by Monday the 23rd. The P&F chart for IOM is still in a bullish pattern and is on a 'buy' signal. Of course this is JMHO, and not investment advice. Ben A. ez-pnf.com

To: Michael M who wrote (4048)	11/14/1998 11:32:00 AM
From: Rocky Reid	Read Replies (1) \| Respond to of 10072

Castlewood ORB Website undergoing re-design. castlewoodsystems.com Looks like this outfit is gearing up for Comdex too. ORB is due in stores at the end of the month. Jaz2 will have a fight on its hands with ORB's $199 price tag, better speed, MR Technology, and $29 2.16 Gigabyte discs. I'm glad they are abondoning their hideous old website color scheme of yellow, purple, and blue-- that reportedly sent Martha Stewart into a fit of convulsions when she saw it.