Any info about Iomega (IOM)? Message Board

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

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To: Young D.T. Nguyen who wrote (9267)	10/18/1996 11:19:00 AM
From: J P Cross	of 58324

Young: The "story" of IOMG is still positive. My Dad and I have learned some tough lessons trying to short-term trade. It is very wearing and too emotional to put your money into a stock and expect immediate results whatever way you are playing it, long or short. I remember Peter Lynch saying to check the story every now and then. If its the same or better then stay with your pick. The story of IOMG keeps getting better to me. My Dad would be a multi-millionaire if he had just held onto two stocks he bought before the gulf war started. Things looked shaky, short-term he sold, took the tax write-off like I hear some loosers on this thread talking and missed two of the biggest investments of his life. Also have a few glad/sad stories of selling stocks with very nice gains only to have the stock exceed our wildest positive imaginations. We lost our patience and started thinking short-term again and missed the bigger upside move. We look for companies who are leading their sector with very good management. Winners find a way to win. The managment of IOMG is proving their strategy very nicely, through a testy period. We have sensed a stronger company and team at IOMG not a weaker less focused team. Have to agree with your posts and reasoning. KP has made a bundle of money and good for him, his timing was right. I hope he doesn't get burned out with his approach though. It a tiring way to play the market. Your timing to buy could have been a little better though. I'm sure you hear it enough from your wife so I won't belabor the point. Having said that, I hope you hold on and IOMG makes you and your family a bundle of money because IMO, IOMG has the makings to do just that. Regards, JP Cross

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