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Non-Tech : Any info about Iomega (IOM)?
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To: Archie R. Wortham who wrote (3511)6/26/1996 6:35:00 AM
From: Bill Fischofer   of 58324
 
Faxing Rush sounds like terrible advice.

Look, folks, if you feel you need IOMG to move up 10 points by next Friday or will just die if it drops another 5, that is a clear sign that you are in way over your head. There is nothing you can do to move this or any other stock one way or the other over the short haul, and nothing you or anyone else can do to prevent it from tracking its earning's growth over the long haul. That's the nature of the market.

Step back, take three deep breaths, and seriously look at yourself. One of the cardinal rules of investing is not to allow yourself to become overleveraged in any single security. This board, and others like it, show why this rule exists. I've seen countless posts from folks who are in a state of something near panic. If you can't afford to ignore a security for six months, you have too much in it. J. P. Morgan reportedly once advised a nervous client to "sell down to the sleeping point". That's still sound advice for IOMG or any other stock you own.
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