Any info about Iomega (IOM)? Message Board

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

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To: Joshua Easow who wrote (4934)	7/24/1996 2:20:00 AM
From: Jimmy Parks	of 58324

I disagree with introducing people to Iomega. Well, perhaps close relatives, but definitely no one else. I like everyone selling. I picked up 300 more shares at 16 today. It's great! The best thing to happen to this stock would be for people who don't know technology to bail out. People who don't have the stomach for the market need to stay out or stay long as they often times declare. Recently, I've seen a lot of self proclaimed Looong term investors bail out of Iomega. Hopefully, we'll see more stability and more reasonable valuations as novice momentum players chicken out of the market. I'm sorry if I insult any of you out there. I realize that everyone is investing their hard earned money. I also realize that the thought of losing money is discomforting to all of us. On the other hand, if you've just been speculating, then it's not much better than gambling in Las Vegas. I guess you'd better know when you need to push yourself away from the table. With true long term investors, declines of this type are buying opportunities or times to sit back and watch. The last thing an investor wants to do is bail out at the market low. We're all learning expensive lessons, thus novices should stay out. -Jimmy

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