Any info about Iomega (IOM)? Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Young D.T. Nguyen who wrote (1978)	5/24/1996 1:29:00 PM
From: Rod Patten	of 58324

To all: It is about 1 pm EDT and Iomega is down 3 or so after being down 2 3/4 yesterday. If the stock is making you unhappy you should get out. Nobody should be unhappy. But if you are just worried, let me point out some historical data on Iomega. On Wednesday, December 6, 1995, IOMG closed at 53 3/8. The next day it had dropped to 51 3/8. The next day it dropped to 48. And on Monday it closed at 45 5/8. Did anyone panic? Not really. In those days we thought this was a fun stock. Seems to me people have gotten as serious as a heart attack. Is it because we own six times as many shares now? Look at the chart and you will see that Iomega goes through this backup and then sideways movement after every runup. Relax and enjoy. Even buy some. Cheers, Rod

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next