Any info about Iomega (IOM)? Message Board

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

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To: Rafique Sheikh who wrote (8138)	10/2/1996 11:47:00 AM
From: Ken Pomaranski	of 58324

Rafique said: >> Having missed all those opportunities and in fear of missing IOMGs uptrend from 14 to 20+ I am back in IOMG. I am still scared because once again I have put everything in one basket, however IOMG seem sto be my only chance (hope) of recovery now. My reply: This is the same story I've heard over and over again over the last 3 weeks. (I have several friends at work here that are invested in Iomega.) The same people who got scared and sold on the way down are jumping back in again for another 'try'. These are the weak hands guys! They are the ones who will sell again at the first sign of trouble. Usually in a stock like this, the market presents you with one more chance to get out. (dead cat bounce, or short squeeze as one might say..) The people who trade like this will lose their money twice! For those long term... Average in at a lower price. For those people who jumped in above 22, (hoping to make a quick buck..) too late!!! MHO... I've been wrong before. ;) Good luck, kp

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