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

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To: KM who wrote (40713)12/19/1997 9:33:00 AM
From: Tom Gebing  Read Replies (1) of 58324
 
Truff, hang in there , its not IOM ,but the mental mentality in the market. IMO, today or Monday is a capitulation day. Upon such the dead cat bounces will begin with some nervous trading days into the earnings season. Nothing has changed for IOM. They are not going out of business. Earnings will be above the estimates. The stock will rebound and the market too. PE's may not recover to their glory days due to the uncertainty and lower earnings, but the world will not come to a end. Just a bad time for us all who believe the future lies in technologies . Yes, hind sight is great, but we all can't time them all. For those long term holders its a pothole in the frame of time. For the long day traders , its just bad timing. For the shorts, its a lucky opportunity. Their greed will prevail and the shoe will change.

Just like many here, I am pissed at myself too. The calls I bought are eating my lunch. But I have till February to find the dessert.

Regards,
Tom
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