SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Winner Victorious who wrote (7443)9/23/1996 11:42:00 PM
From: JF Quinnelly   of 58324
 
Winner, I seem to remember that the Nifty-Fifty crashed and burned in that bear market too; they merely held out longer than everything else. Go back and look at what happened to Polaroid and Xerox, two of the 'Nifty-Fifty'; it wasn't pretty. I don't know that there was a good place to hide in '73-'74, except maybe in cash. People get caught in margin calls and have to dump good stocks along with weak ones. It creates a vicious cycle. Mamis is no protege of Garzarelli, if anything he has been around a lot longer than she has. Look, I'd just as soon not go through a bear market because I prefer to buy good companies and hang on, but you can sure lose a lot of capital by doing so. Mamis is not a wild-man like Granville was, and I wouldn't dismiss him lightly. But on the bright side, Iomega pulled itself up 5% today; but it's likely in preperation for leaping off another cliff.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News