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

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To: Paul Dubsky who wrote (7848)9/27/1996 1:04:00 PM
From: Rafique Sheikh   of 58324
 
I think your comments make a lot of sense. It is just very tempting to sell when IOMG goes to 27 in a day and then buy back at 22, but like you said you have to be lucky or an insider. I should have realized that I was getting into a highly volatile stock and unless I had the heart I should pull out. The main reason i got in is that I 've seen the good ol' days of 80+ pre-split and when i got back in IOMG at 47+ it went down and the only way I see my loss recovering is long term IOMG. One of my problems is that I find out about stocks that double or triple while my stock isn't moving much, and that disturbs. One of the guys who got me into IOMG said that I should forget about IOMg crossing 40 by year end because IOMG was a song that had been sung and too many people knew its story and because of Market's volatility in general, people who got in the teens would wanna' get out with 50%+ returns as quickly as possible, driving the prices back to the teens. So I don't know??
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