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

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To: NoName who wrote (9344)10/18/1996 3:03:00 PM
From: Cameron Dorey   of 58324
 
"Who's whining? I'm telling you my opinion, that is why you and most people have lost money..."

Yeah, right. You have no idea about me. I've been sitting on IOMG since Feb. Seen it go up, seen it go down, seen it go up again, right now holding 200+ % profit. So your opinion is wrong in at least one case.

Sure, plenty of people have cried "IOMG stinks", "this stock is a flash in the pan", etc., and if you (hypothetical "you")listened to them and shorted as it went up, or panicked when it went down, "you" lost money. There are snake oil salesmen everywhere. But it was ultimately "YOUR" decision to buy and sell at what the market quoted. I'm tired of people (not just you, your name [or lack thereof] just came up at the point where I'd had enough) blaming things on everyone else. If no one sold any stock to the "awful MM's" at what they wanted to pay for it, something would have to give.

BTW, it was KE, IOMG's CEO, who said in the 2Q conference call that the 3rd Q would be "challenging." I don't think he was trying to get people to dump the stock in a panic. Others interpreted that in their own way, as is their right, as is mine, as is yours.

The stock market IS playing a game, where sometimes you win, and sometimes you lose. It's only money.

Cameron
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