Any info about Iomega (IOM)? Message Board

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

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To: FuzzFace who wrote (25023)	6/12/1997 3:41:00 AM
From: Robert Skinner	of 58324

<<<An investor does not sell his whole position so as to get back in a point or two cheaper. I trade IOM too. But only 1/4 of my total position. The rest stays put or I know I'd miss the big action. So Robert is not an investor in IOM, he is a pure trader. Long today, long gone tomorrow. That's cool. What isn't is that he is trying to fool the folks here into thinking he is an IOM investor. Lord knows why. "An investor is a trader who guessed wrong." That still busts me up. It's especially true of us internet junkie, online broker trading fools>>> Edwin At times I have the allmost all my money in Iomega Stock!!! This was the case when Iomega hit it's high's and started down. I held untell I was convinced that it would go down. For me if I think a stock is at a short turm high and on it's way down ill sell. Rember I trade in a IRA for myself and My wife also a non IRA accounnt. So my selling and buying back don't have the tax problems with the IRA accounts. I sold when Iomega was headding for 55 I sold when Iomega was headding for 27 I sold when Iomega was headding for 24 And I sold now. I can be wrong. This stock may very well go to 24 or higher this next week. I just don't think so. If Iomega was in the mid teens right now I would hold and have a buy order in for more at a lower price. But that is not the case. Heck we just had what 17 or 18 million shares traded in one day, we had around 20 mil shares sold short, Do you know how many shares are sold short now? I don't I can only guess. So what is the down side? Do you know I don't. We had the news about the LS120. Ok I don't see a short squeeze and do see new things happinging with NEC and lap tops. I think Iomega will win this battle, but Iomega may get slapped around a little frist. Yikes I don't want to talk the short arguement.. Heck im not going to do anything the next few weeks anyway. Well I was thinking of putting in some Buy orders at a very very low price just in case the market crashes while im gone. But ill tell you If the market crashed I would probably look to buy blue chips and not iomega anyway. I'm talking things like buying MSFT at 50 or less type of stuff. bla bla bla ...

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