Any info about Iomega (IOM)? Message Board

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

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To: who wrote (3339)	6/21/1996 10:24:00 PM
From: Guy Gordon	of 58324

Ida: I don't quite see what your problem is. I, myself, have bought IOMG at four different prices. I just don't post it every time I buy. "Does anyone out there ever ask themselves why this guy didn't take all his money and buy at $66 3/4 (before last split) since he was so sure about IOMG's price direction? Does anyone out there ever ask themselves why this guy didn't take all his money and buy at $41? At $30? " "This guy always seems to have more money to buy IOMG when the price goes down. It's interesting why, since he was so sure, that he didn't put everything he had into it at $33 3/4 (split adjusted), at $41, at $30." Yes, I buy on the dips. So, if I was posting my buys, you would be complaining that every tim the price goes down I have more money to buy IOMG. What's wrong with that? For your information, I ADD MONEY TO MY INVESTMENT ACCOUNT! Wow! What a revelation! Sometimes (not often) I even sell things too. That generates cash which I reinvest. And, No -- I don't ever bet everything on one issue. I feel like an idiot having to explain these things. Tomorrow's class will be on how to calculate a trailing PE ratio.

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