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Non-Tech : Any info about Iomega (IOM)?

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To: Michael Hillman who wrote (1380)5/2/1996 1:26:00 AM
From: BrianSchaefer   of 58324
 
They both amaze me too. I'm not one of the more knowledgeable guys on this board. I've just been fortunate enough to have gone along for the ride. I bought ATMX and IMPX a few days ago when the volume got so high, and the breakouts started. I've been impressed by how much some of the writers on these stocks know, and how strongly they've believed for a long time. I've learned a lot from them. But I also learned a long time ago that usually it doesn't pay to love a stock. I haven't owned these stocks from the real low prices. I used to be a member of the CBT and I remember 2 old timers looking at a chart, and saying "we were right to get out there, but we were wrong not to get back in there" pointing to a higher point on the chart. It is always hard to buy it higher after you've bailed out. That helped me last Tuesday when IOMG hit a 10 point vacuum, I tried to sell out at 51, but didn't get filled 'till 47. But the next day I bought it back at 50. In the next few days we will have some scary times, the main trick is not to over trade. Good luck. One of the things Rich Dennis used to say in rallies like this is "It's never too high to buy, never too low to sell."
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