Any info about Iomega (IOM)? Message Board

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

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To: Tom Trawinski who wrote (6159)	8/17/1996 7:12:00 PM
From: Alan Rosen	of 58324

A late response to your inquiry about being caught in previous "squeezes". i can's sy that I have been particularly clever or fortunate when this has occured previously. I was always surprised how a seemingly small company, with a limited amount of stock, a good idea or product, could be ignored by the mainstream press for months to suddenly see articles appear or editorials popup in/on CNBC, WSJ and Barrons over a fairly compressed period of time, the news was always negative and usually only told part of a story. Usually I hold and wait for thingsa to calm down, with fundamentally good companies their is almost always a bounce or recovery, although often not to the earlier highs. What I have eperienced with the biotechs that I have followed is that this is often cyclical and a trading range spanning 1 to 2 quarters can usually be identified. If you have the discipline (or the "stomach") you can sell near the highs and buy back in later within 1 or 2 points of the earlier lows. Because I am not a very active trader I tend to stay on the sidelines, but with a couple of these stocks I will be taking profits and probably reenter when I see the next cycle forming. ARR

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