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Non-Tech : Any info about Iomega (IOM)?
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To: Rocky Reid who wrote (21729)5/4/1997 10:00:00 PM
From: FuzzFace   of 58324
 
Yes Rocky, around 1% of the people around here are too optimistic.
But not by much. The rest are actually more realistic than you.
When, in the history of computers, has solid state memory been cheaper than mag disk? What makes you think it will ever be?
They both drop in $/byte every year, and last I looked, you could buy a 3GByte hard drive for $300 (1 dollar per 10 MB) . while the cheapest RAM is about $40/8MB (1 dollar for 200K). That is not exactly closing the gap.

BTW, Have you thought about where you will cover at a loss yet? Sophisticated traders do take into account that sometimes a short position will turn out to be wrong, and so they determine in advance where they will close at a loss. Have you?

Or is it too scary for you to even think about, much less answer?

Or are you just bullfighting for sport, and not really short IOM at all?

Just curious about your true position on IOM.
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