Iomega to report problems
Joe Burke
Iomega is highflying based on speculation.
My friend, this country is having problems of a magnitude no one could
ever envision...
Expect sales of computers and peripheral devices to dry
up!!!
IOMG a fair buy at 10....
Anthony Larino
It's one thing to be bearish on tech stocks --- they've been flying
awfully high. But if I had a dollar for every guy who's said PC and
peripheral sales are going to dry up in the past five years (and been
wrong about it) I'd be a wealthy man.
--
Anthony Larino
Ken Kritz
Joe Burke wrote:
>
> Iomega is highflying based on speculation.
>
> My friend, this country is having problems of a magnitude no one could
> ever envision...
>
> Expect sales of computers and peripheral devices to dry
> up!!!
>
> IOMG a fair buy at 10....
Sounds like you are using the wrong media to convey your outdated
thinking..... the people in this forum make money where people like you
make poor speculation. Try to contribute to the group instead of
wasting our time with your unqualified critiques.
Dan Nguyen
In <4s0ft5$9...@hermes.jersey.net> Joe Burke <joe...@zeus.jersey.net>
writes:
> Iomega is highflying based on speculation.
>
>My friend, this country is having problems of a magnitude no one could
>ever envision...
>
> Expect sales of computers and peripheral devices to
dry
>up!!!
>
> IOMG a fair buy at 10....
>
Would you sell me some IOMG at 10 now? I'd call you my PAL :-).
Dan,
SundialMan
> IOMG a fair buy at 10....
>
the deal !
Anthony Tsai
On 10 Jul 1996 14:49:09 GMT, Joe Burke <joe...@zeus.jersey.net> wrote:
> Iomega is highflying based on speculation.
>
>My friend, this country is having problems of a magnitude no one could
>ever envision...
>
> Expect sales of computers and peripheral devices to dry
>up!!!
>
> IOMG a fair buy at 10....
>
Even though the market right now is falling like a 10 ton brick,
Iomega stock is performing very well. It's going up more than it goes
down. Shareholders like me have confidence in the upcoming earnings
report, and I wouldn't be suprised that Iomega stock reaches to the
$35 price range in the upcoming week. I'd buy Iomega stock now before
the big investors come in and drive the price up.
- Anthony Tsai
Unknown
I know they've had problems keeping production of Zip drives up
to meet demand... and with all the OEM continuing to add Zip
internals to their systems I hope they announce a manufacturing
partner soon. (Didn't packard bell announce a new line to be
out for the Christmas season, and many models will include
Zips???? I'm asking, I'm not positive about this.)
Its interesting that HP has been selling their line of computers
with the internal Zip so well and now they announce they are
getting out of the Hard Drive business... I think they've seen
whats to come...
Also, why has CNBC turned favorable to IOMG all of sudden...
this week on one of their technology shows they did a story on
storage products and when the reporter mentioned the Zip said
something to the effect of - It was the simpliest installation
of a new peripheral to his computer he has ever attempted, then
went on to praise the Zip for performance and other specs. On
a couple of their buy-sell-hold segments analysts have rated IOMG a buy.
=========Someone else wrote===========
Joe Burke wrote:
>
> Iomega is highflying based on speculation.
>
> My friend, this country is having problems of a magnitude no one could
> ever envision...
>
> Expect sales of computers and peripheral devices to dry
> up!!!
>
> IOMG a fair buy at 10....
It's one thing to be bearish on tech stocks --- they've been flying
David Luckie
Anthony Tsai wrote:
>
> On 10 Jul 1996 14:49:09 GMT, Joe Burke <joe...@zeus.jersey.net> wrote:
>
> > Iomega is highflying based on speculation.
> >
> >My friend, this country is having problems of a magnitude no one could
> >ever envision...
> >
> > Expect sales of computers and peripheral devices to dry
> >up!!!
> >
> > IOMG a fair buy at 10....
> >
>
> Iomega stock is performing very well. It's going up more than it goes
> down. Shareholders like me have confidence in the upcoming earnings
> report, and I wouldn't be suprised that Iomega stock reaches to the
> $35 price range in the upcoming week. I'd buy Iomega stock now before
> the big investors come in and drive the price up.
>
> - Anthony Tsai
I did some investigating of IOMG's chart at the prompting of the user of
the GreatStocks mail-list service. Come to find out, IOMG has a gap in
the chart between 17-9/16 and 17-7/8 on 4/19.
I've been charting securities for a long time. I've never, ever seen a
stock not come back and fill the gap. Actually, IOMG has had a bunch of
gaps, and it has filled every one of them, except this one. I don't want
to throw water on anybody's fire here, but there's a fair to middlin
chance we'll see IOMG in the mid-17's short term.
It may be next week, it may be next month, it may be next year. But this
stock will come back and fill that gap.
--
David Luckie
VIPER Research, LLC.
dlu...@datasync.com 18 Maury Dr. Mobile AL 36606
James Strauss
>
>I did some investigating of IOMG's chart at the prompting of the user
of
>the GreatStocks mail-list service. Come to find out, IOMG has a gap
in
>the chart between 17-9/16 and 17-7/8 on 4/19.
>
>I've been charting securities for a long time. I've never, ever seen
a
>stock not come back and fill the gap. Actually, IOMG has had a bunch
of
>gaps, and it has filled every one of them, except this one. I don't
want
>to throw water on anybody's fire here, but there's a fair to middlin
>chance we'll see IOMG in the mid-17's short term.
>
>It may be next week, it may be next month, it may be next year. But
this
>stock will come back and fill that gap.
>
>--
>David Luckie
>VIPER Research, LLC.
>dlu...@datasync.com 18 Maury Dr. Mobile AL 36606
David:
Good analysis.... I agree with you that IOMG will eventually fall back
to fill that gap....
Jim
Guy Gordon
I got a good laugh out of this post!
Do you also go out of your way to not walk under ladders?
Or not open umbrellas indoors?
Instead of "investigating IOMG's chart", you would put your time to
better use investigating Iomega's fundamentals.
P.S. perhaps you could enlighten us upon the MECHANISM by which all
stocks are forced to "come back and fill the gap"? Maybe there's a
little umpire somewhere that will call them "out" for not touching
that base?
David Luckie <dlu...@datasync.com> wrote:
>I did some investigating of IOMG's chart at the prompting of the user of
>the GreatStocks mail-list service. Come to find out, IOMG has a gap in
>the chart between 17-9/16 and 17-7/8 on 4/19.
>
>I've been charting securities for a long time. I've never, ever seen a
>stock not come back and fill the gap. Actually, IOMG has had a bunch of
>gaps, and it has filled every one of them, except this one. I don't want
>to throw water on anybody's fire here, but there's a fair to middlin
>chance we'll see IOMG in the mid-17's short term.
>
>It may be next week, it may be next month, it may be next year. But this
>stock will come back and fill that gap.
>
>--
>David Luckie
>VIPER Research, LLC.
>dlu...@datasync.com 18 Maury Dr. Mobile AL 36606
Guy Gordon (gor...@atlanta.com)
Anna Sargent
David Luckie wrote:
> I did some investigating of IOMG's chart at the prompting of the user of
> the GreatStocks mail-list service. Come to find out, IOMG has a gap in
> the chart between 17-9/16 and 17-7/8 on 4/19.
David,
I am not a techie, but wonder if 5/16 are considered a "gap" in a
2+ beta stock.
Anna
-D.LEE
In article <31e74d00....@192.168.0.1>,
>>I did some investigating of IOMG's chart at the prompting of the user of
>>the GreatStocks mail-list service. Come to find out, IOMG has a gap in
>>the chart between 17-9/16 and 17-7/8 on 4/19.
>>
>>stock not come back and fill the gap. Actually, IOMG has had a bunch of
>>gaps, and it has filled every one of them, except this one. I don't want
>>to throw water on anybody's fire here, but there's a fair to middlin
>>chance we'll see IOMG in the mid-17's short term.
>>
>>It may be next week, it may be next month, it may be next year. But this
>>stock will come back and fill that gap.
>>
>>--
>>David Luckie
>>VIPER Research, LLC.
>>dlu...@datasync.com 18 Maury Dr. Mobile AL 36606
David:
This is a very interesting observation because it suggests that
gap-up is not a totally bullish signal. During the past year, IOMG had
6 gap-ups and 5 gap-downs. Is there any theory for gap-downs? The
oversea ADRs often have large number of gap-ups and downs.
Thanks for sharing this.
Dave Lee
dy...@fuwutai.att.com
Anthony Tsai
On Sat, 13 Jul 1996 07:19:38 GMT, gor...@atlanta.com (Guy Gordon)
wrote:
>I got a good laugh out of this post!
>
>Do you also go out of your way to not walk under ladders?
>Or not open umbrellas indoors?
>
>Instead of "investigating IOMG's chart", you would put your time to
>better use investigating Iomega's fundamentals.
>
>
>P.S. perhaps you could enlighten us upon the MECHANISM by which all
>stocks are forced to "come back and fill the gap"? Maybe there's a
>little umpire somewhere that will call them "out" for not touching
>that base?
>
>David Luckie <dlu...@datasync.com> wrote:
>
>>I did some investigating of IOMG's chart at the prompting of the user of
>>the GreatStocks mail-list service. Come to find out, IOMG has a gap in
>>the chart between 17-9/16 and 17-7/8 on 4/19.
>>
>>I've been charting securities for a long time. I've never, ever seen a
>>stock not come back and fill the gap. Actually, IOMG has had a bunch of
>>gaps, and it has filled every one of them, except this one. I don't want
>>to throw water on anybody's fire here, but there's a fair to middlin
>>chance we'll see IOMG in the mid-17's short term.
>>
>>It may be next week, it may be next month, it may be next year. But this
>>stock will come back and fill that gap.
>>
>>--
>>David Luckie
>>VIPER Research, LLC.
>>dlu...@datasync.com 18 Maury Dr. Mobile AL 36606
>
>Guy Gordon (gor...@atlanta.com)
I'd like to also add that you can't predict stock prices by the use of
historical data and charts. This market today is not a pure
"inefficient" market like the South East Asian markets. It's a
"semi-efficient" market. Read some articles on market inefficiency if
you don't believe me.
- ANthony Tsai
David Luckie
-D.LEE wrote:
>
> In article <31e74d00....@192.168.0.1>,
> >>I did some investigating of IOMG's chart at the prompting of the user of
> >>the GreatStocks mail-list service. Come to find out, IOMG has a gap in
> >>the chart between 17-9/16 and 17-7/8 on 4/19.
> >>
> >>I've been charting securities for a long time. I've never, ever seen a
> >>stock not come back and fill the gap. Actually, IOMG has had a bunch of
> >>gaps, and it has filled every one of them, except this one. I don't want
> >>to throw water on anybody's fire here, but there's a fair to middlin
> >>chance we'll see IOMG in the mid-17's short term.
> >>
> >>It may be next week, it may be next month, it may be next year. But this
> >>stock will come back and fill that gap.
> >>
> >>--
> >>David Luckie
> >>VIPER Research, LLC.
> >>dlu...@datasync.com 18 Maury Dr. Mobile AL 36606
>
>
> This is a very interesting observation because it suggests that
> gap-up is not a totally bullish signal. During the past year, IOMG had
> 6 gap-ups and 5 gap-downs. Is there any theory for gap-downs? The
> oversea ADRs often have large number of gap-ups and downs.
>
> Thanks for sharing this.
>
> Dave Lee
> dy...@fuwutai.att.com
Dave,
First, a definition: A gap up is when the intraday low of a stock is
higher than the intraday high of the day previous. An gap down is when
the intraday high is lower than the previous day's intraday low.
A gap up is actually a bearish signal. A gap down is actually a bullish
signal. When a stock gaps up, you close all long positions. The up
trend will end soon. When a stock gaps down, you cover all short
positions. The downtrend is over.
I've been charting securities for more than 10 years. To this day, I
have never seen a stock, bond or contract price not come back and fill
the gap.
--
David Luckie
>I got a good laugh out of this post!
>Do you also go out of your way to not walk under ladders?
>Or not open umbrellas indoors?
>Instead of "investigating IOMG's chart", you would put your time to
>better use investigating Iomega's fundamentals.
>P.S. perhaps you could enlighten us upon the MECHANISM by which all
>stocks are forced to "come back and fill the gap"? Maybe there's a
>little umpire somewhere that will call them "out" for not touching
>that base?
I'm glad you enjoyed my post.
How about an example or two? Look at the chart for USRX. By golly, is
that a gap around 4/23 from 70 to 74? By golly, did this stock just come
back and fill that gap? Sure did.
How about Monsanto Co? Is that a gap from 32? Sure is... Did the stock
come back and fill the gap? Sure did.
How about Macromedia? Is that a gap between 20 and 15 on the downside?
Sure is. Will it come back and fill that gap? Sure will. I sure
wouldn't bet against it.
You want more examples? I have plenty. Gaps get filled, regardless of
how high or how low the stock goes after making it. I've never seen a
stock not fill the gap. Have you? If you have examples of a stock with
a gap that's say, 1 to 2 years old, I'm all ears.
Whether IOMG goes to 60 from here or not, the stock will come back and
fill that gap. It may be tomorrow, it may be next week, or it may be
next year, but that gap will be filled. Personally, I'd rather see it
fill the gap this week, so the stock can go higher the week after on it's
strong fundamentals.
You, like many others, make a classic mistake in ignoring a chart.
Technical analysis addresses market risk. Fundamental analysis addresses
credit or company specific risk. If you chose, you may feel free to
ignore either the technical situation or the fundamentals. But you do so
at your own peril.
Regards,
David Luckie
VIPER Research, LLC
Anna Sargent
David Luckie wrote:
> How about an example or two? Look at the chart for USRX. By golly, is
> that a gap around 4/23 from 70 to 74? By golly, did this stock just come
> back and fill that gap? Sure did.
>
> How about Monsanto Co? Is that a gap from 32? Sure is... Did the stock
> come back and fill the gap? Sure did.
>
> How about Macromedia? Is that a gap between 20 and 15 on the downside?
> Sure is. Will it come back and fill that gap? Sure will. I sure
> wouldn't bet against it.
David, the above gaps would make sense, however, you were talking
about 5/16s on IO, that's a bit more than 1/4 point - not much
of a gap to fill, don't you agree ?
Anna
Joe Burke
It may be a long time before many tech stocks fill their "gaps"...
..........As I've posted else where, we are heading towards a major
"crash", or market correction if you will....
.....I don't think Micron (MU), Cirrus Logic (CRUS), MADGF , etc will be
filling any gaps soon...........
....................the party's over..........it's crying time for those
still in............J
Gary Snyder
> the gap.
>
> --
> David Luckie
> VIPER Research, LLC.
Thats the biggest bunch of oversimplified hogwash I've ever heard!
Gaps occur all over the place in all kinds of markets. Some of them
are meaningful (such as a gap over recent resistance) others are not.
Gaps can occur anywhere withing a trend. The often occur at the very
beginning of a move, such as when the market gaps up and out of a long
consilidation range after a prolonged downtrend. If you sold every gap
higher and bought every gap lower you encountered, you would wind up
a very poor trader. It is true that when a gap occurs after a prolonged
up trend and is followed a few days later by a gap in the opposite
direction that a sale might be indicated. But there are plenty of chart
examples to show that even this case has lots of exceptions, where the
market continued higher after a brief consolidation.
We probably won't live long enough to be able to prove 1 way or the
other weather or not "all gaps get filled". But I can say for sure that
some of them don't get filled for many years, sometimes decades.
Weather or not a gap is meaningful depends on the surrounding market
action. Most books on TA cover this topic extensively, some of them
classifying as many as 4 or 5 different "kinds" of gaps.
Gaps only provide an additional clue to the puzzle, and don't have any
significance whatsoever on their own.
Gary Snyder
> >
> >Do you also go out of your way to not walk under ladders?
> >Or not open umbrellas indoors?
> >
> >Instead of "investigating IOMG's chart", you would put your time to
> >better use investigating Iomega's fundamentals.
> >
> >
> >P.S. perhaps you could enlighten us upon the MECHANISM by which all
> >stocks are forced to "come back and fill the gap"? Maybe there's a
> >little umpire somewhere that will call them "out" for not touching
> >that base?
> >
> >
> >>I did some investigating of IOMG's chart at the prompting of the user of
> >>the GreatStocks mail-list service. Come to find out, IOMG has a gap in
> >>the chart between 17-9/16 and 17-7/8 on 4/19.
> >>
> >>I've been charting securities for a long time. I've never, ever seen a
> >>stock not come back and fill the gap. Actually, IOMG has had a bunch of
> >>gaps, and it has filled every one of them, except this one. I don't want
> >>to throw water on anybody's fire here, but there's a fair to middlin
> >>chance we'll see IOMG in the mid-17's short term.
> >>
> >>It may be next week, it may be next month, it may be next year. But this
> >>stock will come back and fill that gap.
> >>
> >>--
> >>David Luckie
> >>VIPER Research, LLC.
> >>dlu...@datasync.com 18 Maury Dr. Mobile AL 36606
> >
>
> I'd like to also add that you can't predict stock prices by the use of
> historical data and charts. This market today is not a pure
> "inefficient" market like the South East Asian markets. It's a
> "semi-efficient" market. Read some articles on market inefficiency if
> you don't believe me.
>
> - ANthony Tsai
opinions about it's funymentals either.
So the bottom line is that no one can forsee the future, and everyone
trades their beliefs rather than reality, which is untradable.
altavoz
I'd like to also add that you can't predict stock prices by the use of
historical data and charts. This market today is not a pure
"inefficient" market like the South East Asian markets. It's a
"semi-efficient" market. Read some articles on market inefficiency if
you don't believe me.
- ANthony Tsai
_________________________________________________________________
FOOLS ! Don't slam something till you've studied it !!
Technical works . Fundamental works . Astrology works.
Mkt phsycology works.
The 1st house of the US got clobbered and squared Neptune.
Go study it for yourself or remain ingnorant the rest of your
life !
If you want quick proof , study ( astrologically) the 29 crash
, it's so simple
it's a joke !!
___________...@azstarnet.com_________________
David Luckie
altavoz wrote:
>
> I'd like to also add that you can't predict stock prices by the use of
> historical data and charts. This market today is not a pure
> "inefficient" market like the South East Asian markets. It's a
> "semi-efficient" market. Read some articles on market inefficiency if
> you don't believe me.
While I agree that stock price movements cannot be predicted through
technical analysis, the uncertainty regarding market performance can be
reduced through technical analysis. Merely focusing only on fundamentals
only has you addressing one type of risk. By also incorporating
technical analysis, you are also addressing market risk. You shouldn't
ignore either the technical or fundamental situation if you expect to
consistently earn returns from stocks. It's just not that simple.