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

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To: KM who wrote (40687)12/19/1997 8:48:00 AM
From: Cogito   of 58324
 
>>Funny, as always, the time to sell was when everybody (including me) was wildly bullish, positive articles, newsletter jockeys, etc. With the amount of experience I have, you'd think I'd know better.<<

Trufflette-

It's always easier to see clearly in the rear view mirror. But if you apply this logic to the situation today, you would have to conclude that now is the time to buy. I don't believe I have seen more bearishness than this at any point in the last year and a half on this thread, even when the stock was around 13.

There were so many "lurker bears" posting last night that for a minute I wondered if I had somehow gotten off into another thread. Not that that's a bad thing. I'm glad to have the bears posting.

If you can show me any real evidence that Iomega's fundamentals are different today from last week, I'll join you in selling. There's no question that I would love to have called the drop from 33, sold near the top, and now be ready to buy back in. But since I've taken the quick ride down, I might as well stay on board for the slow ride up.

- Allen
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