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Non-Tech : Iomega Thread without Iomega

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To: KM who wrote (2552)	10/23/1998 4:09:00 PM
From: Cogito	Read Replies (2) of 10072

>>I would think if one were hiring someone to bash the stock on the chat boards, one would hire someone who could convey a sense of foreboding, rather than endlessly reciting mindless drivel and hyping the competition.<< Trufflette - That's exactly what I think. The most important requirements for a stock basher would be that he or she be believable. Our Mr. Reid definitely isn't. I'm glad to see you back on the thread. You sound like you think the tide may have turned for Iomega. I will be the first to admit that I took far too long to realize what was happening when Iomega's fortunes turned bad. Or rather, I could see it happening, but didn't want to believe that it would last. This led me to hang on to some of my shares until the stock was in the low 8's. Thus, I gave back some of the profit I had made earlier. I believe I have learned my lesson about changing one's position when the fundamentals have changed. Some people are now unable to grasp the idea that the company's fortunes may be changing again. Too bad for them. - Allen

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