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


To: Dale Stempson who wrote (7222)2/10/1999 6:20:00 PM
From: Sonny  Read Replies (1) | Respond to of 10072
 
Yes, an excellent entry point imho!

I think those who understand the significance of this opportunity, which has presented itself suddenly because of the market sell-off, and those who have paid their dues by doing their own thorough technical as well as fundamental DD on this issue, will be richly rewarded ... and much sooner than we may be able to imagine. Given all other excellent things falling in place for IOM now (which have been thoroughly discussed by now by zillions of posts here), I believe a simple but careful analysis of the basic human motivations will lead you to that wonderful conclusion. Just put the CEO of IOM (who is a human of course :-) ) as the subject of that analysis. Does he want to loose his credibility and resultantly job? No, right? And each and every Harry and Joe in the street by now knows that he wanted to act on a conservative side during his last CC. So, even if there was no mention about the commitment for profit, a window was left open for either direction. After all IOM has gone thru after 1995, do you still think that he will keep this window open, if there was no possibility whatsoever of a "profit" this quarter? Imho, no! Yet, the street has eased on the shares recently ... or so it seems. But lets see with some volume analysis if its true. Has it really eased? Not at all. On-balance-volume, relative strength and -ve volume (which was light, virtually everyday recently) calculations clearly show that the accumulation phase is still intact. Then, who are/were these sellers? Boys and Girls, my long friends here, :-) these were pure and simple "scaredy cats"! (or someone who were in some kinda short term pinch to get out). Its in stronger hands now. Knowing all this might help you I thought, in really understanding how: "The BIG money is really made!" :-) All Imho. (And most of my long friends here already know this I suppose :-)).

regards to all,
-/Sonny.

p.s. now, if someone could just lend me 1M additional bucks right now to get some more of IOM !!! :-)