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Non-Tech : Any info about Iomega (IOM)?
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To: Fred Fahmy who wrote (46147)1/29/1998 12:52:00 PM
From: RetiredNow  Read Replies (1) of 58324
 
That's what I just can't figure. If their results are so good why is this stock so volatile. Answer: mostly individuals and thread lurkers are invested in this stock, no many big institutions. The real problem is that KE seems to be great at growing the company and marketing his product, but shitty at guiding analysts. And guess what, IOM and all of us are getting punished for it.

I'm not too sad because I only own 200 shares at avg price of $15. Most of my real money is in the BIG stalwarts like LU, CPQ, MSFT, CSCO, and INTC. But this should be a lesson to everyone. If you are going to play high risk, do it with a small percentage of your portfolio. It's just called diversification.

Endnote: don't worry, the price will go up in 6 months to a year. In the meantime, chill and enjoy the ride.
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