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

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To: larry who wrote (37881)11/30/1997 8:34:00 PM
From: slipnsip  Read Replies (1) of 58324
 
<I pulled out my money out of IOM and invested all of them in IDTC. I got a 200%+ return in less than two weeks (stocks plus options). 200% is certainly better than 30%, in my eyes.>

Based upon your analysis of IOM, and your overly enthusiastic confidence in your ability to to make outragous returns, you have either been investing for a very short time or have not bothered to tell us how you have made a small fortune out of a large one...

For all the talk about options and leverage, we need to remind ourselves of what excellent returns are. If you are making 15% annually, your making well above historical averages. If you have no formal education in finance or work experience in the financial industry, and you think you have this investing thing licked, I urge you to step back and put things into a realistic framework.

If Iomega can provide us with a 30% returns over the next 2-4 years, that would be exceptional. If we do better than that, we should all feel lucky.
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