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Non-Tech : Any info about Iomega (IOM)?
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To: Thuc Nguyen who wrote (3166)6/18/1996 1:49:00 PM
From: Chris Sterner   of 58324
 
I have been seeing alot of nerves around here lately. People worrying about what the price is doing today, yesterday, tomorrow... My best advice is to step away from your computer for awhile and take a breather.
Anyone that has invested in this stock should/needs to understand what they are getting into. This is not for the faint of heart. I bought in back in December at the lofty high of $49. I watched the stock quickly fall to $32(?) before recovering. I just had to stop watching for awhile and remind myself what I bought Iomega for. I am by no means a day trader and I think few here are. We are investing for the future, not 2Q results. Everyone here seems to think you need to put 'long on Iomega' at the end of your posts. If this is true, you're still in good shape. No fundamentals of the company have changed as far as I know. They still have a phenominal product(s) and they are kicking the crap out of the real competition (much less the vaporware/hype competition!)
Sometimes I think of Iomega as a train ride. Maybe I should say a rollercoaster ride. Anyone 'follish' enough to think that this ride only could go up needs to do a little more research on the general stock market.

All this dribble I wrote is to really say... If yer long, yer long. If not, cut yer losses and find greener pastures. Just don't sit on the other side of the fence and complain when the Iomega field looks beautiful again.

Chris S.
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