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Non-Tech : Iomega Thread without Iomega

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To: Tom Carroll who wrote (2111)10/9/1998 1:40:00 PM
From: BBG  Read Replies (1) of 10072
 
>>>I revealed how suspect we should be of such arguments when compiled into a comprehensive analysis of the IOM situation. <<<

Tom...

You might have a point that RR's catastrophic outlook on IOM is just a maniac's rantings and ravings... but for one solid fact... Since RR began his crusade the stock is down 80% +... No matter how much you hate to admit it the guy as been right... If you were man enough you would step up and say that you should have dumped this dog back when it was still $8, then $7, $6, $5 etc... I sold in the high $7's not totally because of RR's negative posts but I have to admit that my decision was based in part on the fact that the guy was right about IOM missing Qtr. 4 '97 (or was it 3)he was right about the steady decline in share price, he was right about the decrease in volume, he was right about K.E.,he was right about IOM's lack of respect from the Street, etc... Now who should someone believe in their views related to CLIK! ? You or RR? I don't think he is totally correct about CLIK!'s certain failure but I'm more inclined to believe him than someone like your self who hasn't had the good sense to dump this dog and move on to greener pastures... The fact that he shorted a few months ago and the stock went up slightly before he bailed at a loss doesn't mean anything to me... In fact he was right to short the stock... his timing was just off...if he had stayed with the short he'd be up about 100% right now.... Anyway... to continue defending your decision to hold on to IOM and chide RR for advocating people sell is totally bogus...

It's your money and you are certainly free to lose all you want but please don't try and BS this board about what a good investment IOM has been or may be in the future....

I think you should start a thread labeled something like: "IOMEGA positive Hype thread... No negative news allowed..."

JD
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