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

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To: Gary Wisdom who wrote (37693)11/29/1997 4:02:00 AM
From: Cogito  Read Replies (1) of 58324
 
>>Edwin Re: I'm hoping to do better playing the dips like Fidough.

You are kidding, aren't you? I do not think selling @ $31, 31.50, 32.00 and 32.50 and buying all those shares back at $32.375 is going to help you retire anytime soon.<<

Gary -

Being somewhat new around here, you wouldn't know this, but FIDO has done an excellent job of playing the ups and downs with IOM. The shares he sold between 31 and 32.50 were all bought in the twenties, if I'm not mistaken.

Sure, he may have missed a couple of fractions on the upside when he rebought them, but no one can call every pullback correctly. The fact that he decided to get back in at a price point above his recent sales just makes me feel more confident about staying long right now.

Of course, we could still see the pullback FIDO was counting on when he sold, but I'm starting to believe that the twenties are behind us now. Until the split, that is.

- Allen
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