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Non-Tech : Iomega Thread without Iomega
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To: Linda Pearson who wrote (2070)10/8/1998 12:56:00 PM
From: Rocky Reid  Read Replies (1) of 10072
 
>Knock off the Chicken Little bit. That's not what this forum is for. <<

Linda, SI is for the discussion of stocks, companies, future prospects, etc whether they be bullish or bearish. I sincerely believe that IOM's future is bleak at best. When IOM was rising, Iomega Bulls were all over these boards touting IOM as the next best thing to God. There was no way that anything bad could come from this blessed company, and the personal taunts and abuses directed towards Iomega Bears were vicious and mean-spirited at best. Feel free to review past history in these threads to see what I mean.

Well time has shown who was right all along, and it wasn't the Bulls. By listening to the Bulls only, investors have had the possibility of losing up to 90% of their money as of today. This doesn't even include any margin buys and resulting calls...Oy Vey.

I do not enjoy seeing pain in the individual investors here, believe it or not. However, I do get some satisfaction from seeing the likes of JP Morgan eat S**T by hyping IOM with a target of $40 (pre-split) and then issuing no apolgies whatsoever to investors for their gross errors in guidance. I have continuously warned people here about days like today, and what they could do about it. And I have been right.

As history here has shown, I am not doing the "Chicken Little" bit. I am speaking the truth.
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