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

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To: Rocky Reid who wrote (36529)11/19/1997 8:19:00 PM
From: FuzzFace  Read Replies (1) of 58324
 
Rocky,

You posted in techstocks.com :


To: steve goff (36053 )
From: Rocky Reid
Monday, Nov 17 1997 9:54AM EST
Reply #36055 of 36535

Just decided that we are finally mostly clear of this correction and bought:

WDC- this thing has just been brutalized. Every piece of news about it is bad. -- a sure sign it could be at a trough.

AOL- dislike the company, think the stock is overvalued, but hey, the Street just adores this stock. I might as well cash in on it too.

INTC-- need I say more


That day, WDC gapped open at around 24 1/4, gyrated up to 24 3/4, stayed there for a few minutes, then began going down for the count. You posted while it was going down. I happened to catch your post seconds after you submitted it, and immediately checked WDC and it was at 24 1/2. It hit 21 this morning, nearly retesting it's recent low of the high 19's.

You, like everyone, make good calls and bad calls. Your correct call of the last IOM bottom at 22 impressed me. You'd impress me more if you'd admit it when you make mistakes. Most everyone here does it.
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