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Non-Tech : Any info about Iomega (IOM)?
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To: Cogito who wrote (8157)10/2/1996 2:43:00 PM
From: Jeffery E. Forrest   of 58324
 
Allen, all good points.
(glad you qualified that Cyrix/Linux statement though :)
I use a Mac now and then too, but have found the WinTel platform a neccessity for most everyday use. I wish Apple hadn't been such an arrogant bunch of a-holes or I would still have an OS that I could "EASILY" use. (I'm still having trouble with windows OS as compared to my good old MAC)

Didn't think for a minute that you were flaming, I have enjoyed the discussion.

Please remember that I am a HUGE IOMG fan. I've had a Zip for awhile now and love it. I was ranting to my wife just last night about having to have a Jaz. (need my toys!)

It's the stock price action and the unreasonable fanaticism that goes with it that gets to me sometimes. When IOMG had run up in the 50's and had a reversal day on vol. I sold my shares and shorted it BIG. When I posted what my charts were telling me you would have thought I had shot the pope by the flames I received. It seems that there are alot of folks that can't separate a great product from an outrageous market cap.

Seems to be more resonably priced these days. I'm long some shares right now, but also have some puts to cover the GAP that I see between 18-20 and also the reversal day on HUGE volume a couple days back. I could still see IO at 18 or lower in a consolidating move.

I've done well playing this beast both ways.
Good thought provoking post-proof of more intelligent lifeforms on IOMG thread-YAY!.
Keep in touch
Jeff
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