SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (23010)11/14/1998 3:01:00 PM
From: Logistics  Read Replies (1) | Respond to of 79269
 
Doug,

My thoughts on IOM. Can you check out TA on it and see if you agree:

I will be adding Monday morning for the following reasons.

1. They announced that they have a zip drive superior to the latest that
Sony has been pushing for the last six months.

2. They will present at Comdex this week and last year stock rose 10%
plus after Comdex.

3. Chart looks bullish - upside to 11 1/2 short term IMO.

4. Should get positive mention on CNBC after formal 250 Mb. Zip Drive
announcement Monday or Tuesday.

5. Syquest (SYQT), their largest competitor, has defaulted on some
credit recently and currently doesn't have enough credit or capital to
continue operations at full capacity, if it will be able to continue at
all.

Thanks in advance,

JL