Any info about Iomega (IOM)? Message Board

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

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To: Frank Drumond who wrote (46719)	2/3/1998 2:19:00 PM
From: Ron Flanigan	of 58324

Frank: I would not presume to tell you as I am a "rookie" but I suggest you read the previous posts and you will sort of come up with an idea. I did one thing right these past few days and that was to buy more IOM at 8+ and sell at 9+ thereby making my initial investment a bit more palatable at 14 1/2. With todays trading availability I never understand why you would go long with any stock. If I can buy and sell at a profit, and I can with ETrade's commissions then that is the route I will take. I read an interesting article in the IBD dated Monday Feb 2nd that you have to have a plan and then discipline yourself to abide by that plan. The writer was talking about having a number where you had to sell when the stock takes a nosedive. He suggested 7% for long-term traders. My rule has been 8% but I find myself cheating.i.e. IOM. Ron

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