Any info about Iomega (IOM)? Message Board

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

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To: Ken Pomaranski who wrote (4845)	7/23/1996 1:03:00 AM
From: shyam parekh	of 58324

What is going on with all of you? Look, you only lose money if you sell. There really is only one way to gauge whether or not you should buy or sell a stock: Sell a stock whenever you would not be willing to buy at the going price. In other words, completely disregard the price at which you initially purchased the stock. The purchase price is irrelevant (neglecting tax issues) once you own the stock. I know this seems counter-intuitive, but it is simple logic. Right now you have so many shares of a promising stock that has hit at or near bottom. At this price, would IOMG be a good buy? If you think so, don't sell. If you think not, go ahead and short it or find a better buy. Either way, don't just sell because you tired of dealing with a large paper loss. Good luck! Shyam wolvreen@ix.netcom.com

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