The New Iomega '2000' Discussion Group Message Board

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Non-Tech : The New Iomega '2000' Discussion Group

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To: Gottfried who wrote (797)	6/18/1999 4:27:00 PM
From: Cogito	Read Replies (2) of 5023

Gottfried - I don't think I need an explanation of the max-pain concept right now. ;-0 Seriously, though, I got out this morning myself. As soon as I saw that news story, I put in a sell order at 4 1/8 or better. (via Citibank online.) It was about 9:31, and the stock hadn't started trading yet. I was very pleasantly surprised to find that my order was executed at 4 1/8, which means I sold at the high of the day. This was a great trade for me, since I happen to have bought this last batch of IOM at an intraday low. Too bad the low I bought at was 2 3/4 higher than the high I sold at. I don't think that's what they mean by "buy low sell high." For all who are still hanging in, I sincerely hope that the fact that longtime bulls like Gottfried and me are selling does indicate the bottom has been reached. I will continue to watch Iomega with interest. - Allen

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