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

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To: Rafique Sheikh who wrote (7399)9/22/1996 3:02:00 PM
From: Jayson Moss   of 58324
 
You bought this stock because you knew it was worth the opening price and you have seen so much momentum among other technology stocks. I think if you try to time the market at this point you will definetely lose. If you sell at open on Monday you will definetely take a loss. Announcements are coming in quickly and if you miss them then you will be buying your shares back at a higher price and kicking yourself in the a**. I know the feeling. I bought at the open on Friday and those were the shares i sold last week at 15. Since i sold i have been on this board commenting on the strength of this company. Go figure why i did that. Basically, because i didn't expect these announcements. I am also fully invested and feel comfortable because fund managers will soon start to look for quality growth stocks when they sell the overvalued safehavens such as intel and microsoft.

The feeling i get is that the stock will fall tommorrow(from options) but will remain strong after the fed announcement on Tuesday. I am also a firm believer that owners of this stock try to act well in advance of the others. In that case we could see 19 again tommorrow where strength was shown on Friday.

No need to stress with a good stock.
J.
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