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


To: Michael M who wrote (8509)3/25/1999 11:45:00 AM
From: Naggrachi  Respond to of 10072
 
Re: Dell naming IOM supplier of the year

Bad news and more reason for the stock to go down.

Why?

Well, it seems that the quieter the company is, the better the stock price holds up. Consider for instance, the Zip price reduction, the China "connection," reiterating estimates for the Q and the rest of the year, what has happend to the equity price? Continues to drift lower.

Therefore, it is safe to say that IOM should keep it's mouth shut and keep the equity price from "breaching" (a word cRocky'(s) used to describe IOM heading to the $3's a month ago,) the $4 level.

Itching for a 1000 shares, however, not sure when to pull the trigger. Maybe now, or perhaps at $4.5.

What does your crystal ball say cRock!!! You know, contrarian indicator thingie.

Zead