Any info about Iomega (IOM)? Message Board

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

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To: Rocky Reid who wrote (50386)	3/17/1998 10:00:00 AM
From: James F. Hopkins	Read Replies (1) of 58324

Rocky; I've concluded poor P/Es and earnings reports are nothing but like bugs on the windshield as you go down the freeway. They seem to produce some short term knee jerking, but have little effect and are brushed aside quickly. The rule of thumb is they present good buying times. Too many companies in the Tech sector simple go up with loss after loss for earnings to be a factor. Market share seems to be more important by far, price to sales etc. But mostly who owns the stock, and "who" shorts it. People that shorted IOM last year got burned, they are back hoping to get even, but they are suckers who will get burned again. IOM has more room to go up than down, so if any one reads this that is short, don't latter say you were not warned. The good news is I just went long, and I don't lose money I double up on anything I buy, if it falls, until they turn and go up. It works as long as you don't use margins and keep some dry powder. Jim

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