Any info about Iomega (IOM)? Message Board

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

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To: Cadaver who wrote (2169)	5/29/1996 9:09:00 AM
From: Michael Hillman	of 58324

Cadaver ... You're right ...it's a matter of symantics ..options allow you the priviledge of playing stocks up and down ..just buying them doesn't . But ..then you should have no stock in your portfolio unless you believe in it ..and are prepared to hold it ..stocks go up ..stocks go down ....market conditions dictate . To buy IOMG at the peak ...was NOT great timing ..a lot of profit was built in ..that had to come out ..what happened seems perfectly normal ...and forseeable . Unless this company has become a dog overnite ..it will probably work it's way back up ..it always seems to. To NOT buy it on a dip ....doesn't show a lot of confidence in the purchase ,company , or stock ....and really calls into question the decision to buy in the first place . To pass on the well-timed buy ..simply because of the poor- timed one ........seems ......expensive . I'll stick to options on this stock ....more ways to play it ..and I can cover my mistakes ..when the beast turns ...

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