Any info about Iomega (IOM)? Message Board

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

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To: Francis Muir who wrote (42295)	1/4/1998 2:14:00 PM
From: KM	Read Replies (2) of 58324

<< Cramer's advice seems good: don't buy at the bottom - which will almost always be a false one - but wait until the Big Boys have nibbled away and the stock is beginning to climb again and upward mo is developing. you'll never know that it isn't a head fake of course...>> I have learned this lesson the hard way over the years - the old "falling knife" concept. I'd love to say I was buying like crazy on 12/19 when we went into the 22's again but there was no way. I'll pay up every day for confirmation. BTW, appreciate the mention as having gotten the decline called right, but really, Gary is the one who observed and documented the lack of volume and buying pressure on the way up, at the top, and on the way down. He really should get the credit. I did have a sell signal near that time on my charting software but ignored it, to my continuing chagrin. I had to make an unexpected stop at Fry's this morning on my way to work due to a flat tire which was being repaired next door. I saw a good suppy of external Zips, internal/external/refurbished Jaz drives and 4 SparQs with no disks. I hid them.

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