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Non-Tech : Rocky's Personal Iomega Thread
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To: Gary Wisdom who wrote (18)1/18/1998 2:16:00 AM
From: Cogito   of 166
 
Gary -

Good response to Rocky's inane post about how Iomega is a badly performing stock over the long term.

I first got into Iomega in February of 96, almost two years ago. My current cost basis on the shares I have left from that lot is around 3 1/2. I don't still have all the shares from my first lot because I sold half of them just after the split in, you guessed it, May of 96. Ever since then, I've been playing with the house's money, so to speak.

If you want to make Iomega's stock look like a poor performer over the long haul, you have to choose April-May of 96 as a starting point. Any other point you choose puts you in a hefty profit situation.

- Allen
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