Any info about Iomega (IOM)? Message Board

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

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To: sheila rothstein who wrote (46484)	1/31/1998 10:14:00 PM
From: Robert Skinner	Read Replies (1) of 58324

Off Topic please skip. Sheila. In the Tec area I own INTC, CPQ & IOM. I also have several non TEC stocks Cash Bonds and Gold. I keep cash becouse I can move it very fast if needed. Like say if iom took a dip to 8 I would dump all my cash for it barring any news. The gold is in ment very old coins. Something that Ill just own and not pay attition to like my house. Bonds are something I keep unless I fell very safe about the whole world. Now a small percentage of my money. Before the crash they were %80 of my money. I got %50 blue chips non tec. Things like BUD and GE. I think i'm over dervisifide. Mt biggsts gains have been when I was in 2 or less investments. I have also taken my biggest losses when I was in 2 or less investments. But over all I have made many most my money when I was in no more than two investments. My line of thought goes something like this. How Much do I want to make? Answere all I can. How fast do I want to make it? Answere as soon as I can. How much risk am I willing to take? Answere as little as possable. Ok I think this is being honist with myself. I also think the answeres would be the same for most people if they were also honest with themselves. So It comes down to handling risk. My answere to that these days is to buy Value, or undervalued stocks with great growth. I also do a lot of work with what setor's and industrys are doing. I don't know of any info base that can match what I have. Basicaly I can chart any sector and industry on at least 5 different critera. And as many sub critera as I wish. I was able to call the oil stocks and Energy stocks closly. I'm just gitting to the point of being able to get to single stocks from a industry. Right now I think IOM is about the best bet out there. I really need to get to work on my program. I will post how things stand on storage stocks reltive to computer stocks as soon as I finish gitting some stuff done. I do not use my program to pick stocks yet. But I do use it as an indictor. of sector and industry derection. I did Not use it to Buy IOM. I bought IOM becouse of my back ground/ knowledge of IOM, there last Qts report and obvious over sold condition. I belive IOM is still over sold and a good Value. When IOM gets into the Mid teens ill take another look at it's valuation. I'm up something like %100 on my options at this point in what less than a week. Up something like %10 or %20 on the stock for the week. I think it's a no brainer that the stock is worth much more. I don't think it's greed taking hold of me with IOM I think I'm useing solid facts. Heck I did not know about Click untell I allreaddy owned the stock. I bet the same holds true with other IOM buyers of late. It's just plane solid value based on Zip Alone. Umm one trick poiny some might say. Well there are lots of great companys that shorts would call one trick poines. Heck I don't care if all a company sells is a paper clip as long as they keep selling more and keep growing at such a rate no one can catch them. I'm really spending to much time on this thread. I got a lot of work to do. Bob

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