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 : Any info about Iomega (IOM)?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Coley who wrote (47390)2/9/1998 11:32:00 PM
From: Michael Coley   of 58324
 
RE: Short Term or Long Term?

This is yet another of those times when an IOM investor has to decide if he's a short term investor or a long term investor. (Or a short term investor become long term investor... <G>)

If you're a long term investor, the class action lawsuit is a non-event. Don't worry about it. Check your 10-Q at the end of the quarter and read the summary.

If you're a short term investor and you're long, you messed up. (Maybe you can sue the law firm for announcing this while you were long...) If you're a short term investor and you're short or in cash, congratulations. You're set to profit from this short term event.

Keep it all in perspective, and remember why you invested in Iomega and what your timeframe is.

- Michael Coley
- wwol.com

How can you tell when a lawyer is lying?
His lips are moving.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext