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Non-Tech : Any info about Iomega (IOM)?
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To: GARY SIKORSKI who wrote (7359)9/22/1996 2:27:00 PM
From: Rafique Sheikh   of 58324
 
At least I found someone win the same position I am in!!

However, I bot at open at 19-1/8, was feeling not so well after it hit 17-1/2, not because of speculation but :

1. Thursdays news release was huge bound to make another surge for IOMG. Stock opened higher but I guess it didn't make quite a move as expected and a lot of people started selling.

2. Now I think people who bot around 13-1/2 recently are taking profits, and might bring the price down to the 14s again.

3. So I don't know whether I should sell now after break even around 19 and buy back around 14s or just hold and forget it for a long time.
Problem is I invested myself fully in IOMG, NOT GOOD, there is a lot out there to Diversify and that's why I feel I should have waited another week, so any suggestions on what to do next week would be very helpful.

Rafique
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