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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Len who wrote (2340)12/18/1998 6:31:00 PM
From: Trader J  Respond to of 56535
 
Len: Great trading. Keep up the good work

TJ



To: Len who wrote (2340)12/18/1998 6:38:00 PM
From: steve brooks  Read Replies (4) | Respond to of 56535
 
IOM, I know most everyone on this tread is day trading and IOM has not been moving much of late. But this looks interesting to me:

>>>Friday December 18, 11:57 am Eastern Time
BLOCK TRADE - Iomega 972,100 at 7-3/8
up 1/16, crossed by Goldman Sachs<<<

It looks like some bigger players are starting to take notice of the improved fundamentals at Iomega. The stock may not do much through end of year as some feel there is still a lot of tax loss selling hitting the stock right now. But with 4-Q earnings expected to be above street estimates, Jan is looking good for this issue.

Merry Christmas to All!