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Non-Tech : Any info about Iomega (IOM)?
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To: Michael Coley who wrote (47854)2/14/1998 3:37:00 AM
From: Robert Skinner  Read Replies (2) of 58324
 
IOM Has two new products shipping.

Jazz 2 on the trucks !!!!

Buzz On the Trucks !!!!

Bottom line... Iomega will sell more stuff.

Nomai Still looking down a leagal gun.

I'm thinking about all the stuff that was said about AOL when they lowered there prices allowing people to log on with unlimited time for a set price.

Lets see the stock dropped
People filed class action law suits
In general people thought AOL lost it's mind.
AOL has more competition than IOM.

Thinking to myself... Umm I own a few call options now (Very small amount of money) I think ill let them expire worthless before I sell them at a loss. I think there is a bigger up side to Iomega than down side Still.

I thinking next Q the Earnings will be better than people expect. I think bewteen now and then ill be able to back up the truck and buy some VERY UNDERVALUED stock cheep.

I think my options will expire worthless. I still will not sell them due to the fact I belive this stock is still undervalued. Ill keep the options as an edge in case people relize what the big picture really is before I back up the truck and load up once agean for an easy profit.

I think the hard part will be to pick the bottom. I'm going to buy more calls for March. Ill keep buying calls untell I back up the truck to buy the stock. I will buy the stock before Next Q report.

Buy when everyone else is selling, Sell when everyone else is buying.

Works for me : )
Bob
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