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

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To: Teddy who wrote (44978)1/23/1998 1:16:00 PM
From: Francis Muir  Read Replies (1) of 58324
 
<< Question, if a long term investor like me was thinking about bailing out, is there a reasonable chance for a bounce on Monday? >>

It would be totally absurd for a long-term investor to wait for a bounce on Monday. Did George Soros "wait for a bounce"? No. He simply got out. It's not that a bounce is not possible, it's just that you should stick to playing the game at the time scale you started in. One of the advantages of trading on the NYSE is that you don't even have to place limit orders as with OTC stock. The Specialist is there as much as anything to protect the little guy, and she seems to have done a very good job today.

FIDO
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