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

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To: Rocky Reid who wrote (52191)4/9/1998 2:57:00 PM
From: Alan Rosen  Read Replies (2) of 58324
 
Rocky Protector of the Weak and Foolish,

Why do you and many of the other bears that post here assume that IOM is the only stock (or even a significant position) for the longs that post here? I can't speak for anyone else, but it is less than 2% of my portfolio and I'm sure that I am not alone in that respect. I am willing to sit it out, the company isn't going bankrupt, I can take the time to see how things play out.

Traders are always talking about dead money and foolish positions. Of course they never talk about the opportunities they missed by jumping in and out of positions or the bad decisions they make...no, they only like to share their "3-baggers" and their multi-point daily gains. What should be talked about is the performance of the entire portfolio over a decent period of time, not just the short-term winners in a run-away bull market.

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