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

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To: jackdog who wrote (53242)4/21/1998 2:52:00 PM
From: Ken Pomaranski  Read Replies (4) of 58324
 
<< POMARANSKI: The ultimate indicator! >>

<< I guess you made 350% on going long IOM this morning huh smart guy. You show up, BOOM the stock breaks out out technically like a banshee on good news. But IOM is going bankrupt, never will make another dime. >>

what the heck? I'm not sure if you (1) don't know how to read or
(2) are just dense.

Oh I see!!! you are saying that the fact that the stock is up a point
today means that Iomega will make a ton of money! Oh, ok...I see the
reasoning now... So buy more! my argument means nothing because of
a one point blip, barely above the level 1 month ago... Oh Please!
You are even worse off than I thought.

My post said that Iomega would touch 9 7/8 BEFORE it dropped to 2 1/2
I also stated that it would take ONE YEAR for the fall to happen. I still have 364 days on that one.

If you actually could read (and note something called 'tone') you
would discern that I was making the assertion that short term price
changes have very little to do with fundamentals. You would also infer
that I was NOT short, and quite possibly long in the short term. The rally today means nothing in the grand scheme, as it is mearly those people who sold in the 6's buying back their shares at a higher price. I bet that 1/2 the people who frequent this thread fall into this category.. Any takers?

CLIK hasn't made a dime, and the company doesn't see any promise of
profits until Q4. How pathetic! It's no better than SYQT.

Let's talk one year from now... Until then, have fun making money
on the volatility..

And do NOT forget: anyone who was listening to the posters on this thread over the last 2 years have lost their behinds...

Good luck!!

kp

PS: sorry for cluttering up the thread, but I have the right to
defend idiotic attacks based on falsehoods. It also serves as a
filler during this phone conference...
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