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Non-Tech : Any info about Iomega (IOM)?
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To: Brian Lempel who wrote (7547)9/24/1996 7:48:00 PM
From: Daven G. Rajangam   of 58324
 
I'm checking back in this thread after a long hibernation since June.

Listen, Brian and others, can't you see the implications of what you and others are saying. Every bear and/or short in this thread prefaces their bearish remarks with "...Over the long term, it is obvious this stock will flourish" or something similar.

Now if I were a long term investor (in this thread, that means about 6 months ;.) , I'd survey the situation and say with very high probability (maybe 80%), I could count on my IOMG investment being substantially higher than it is today. Now faced with that expectation, I could: 1) Sell now on the chance the stock will drop enough to make my decision worthwhile (after tax) or 2) Put my stock certificates in the vault and don't take them out until mid-January right after Q4 earnings and sell then at substantial profit.

All you short term bears, why do you think you can market time a stock like this, especially when a substantial reward awaits you just by staying put?

Dave
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