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Non-Tech : Any info about Iomega (IOM)?
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To: Cogito who wrote (25820)6/24/1997 11:05:00 PM
From: Teddy   of 58324
 
Allen, your comparison of IOM and COMS is interesting to me for several reasons (and i have $450.00 that needs to be invested[a good sum of money for a 13 year old]):

1. I am investing for the long term and believe that IOM will continue to grow based on the large number of drives sold, increasing OEMs, Laptop Zip, bigger Jaz, RecordIt, others new things and most importantly: Disk sales from all of the above. This leads me to hope that share prices drops more this week so i can buy more.

2. COMS is also a good stock that i believe well reward patienct investors. I wish i had bought some a few months ago and think that a sell off now could be a buying opportunity. Seems to me that COMS/ USRX will do much better than the plain Networkers (CSCO, ASND/CSCC) next year.)

3. It gives me great pleasure to have someone pointout that the mean-spirited rocky was wrong once again..... (wish i could find the post) he called SEG a buy not to long ago, down more than 25% since then.

So, at this time, i am not sure if i should add to my IOM position or try to get COMS on a dip. Seems that both have tremendous growth potential. What would Warren Buffet do? Maybe get a brandname carbonated soft drink and a razor.

Tuff being 13: so many stocks and so few dollars :)
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