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Non-Tech : Iomega Thread without Iomega

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To: sheila rothstein who wrote (2916)11/2/1998 12:17:00 PM
From: Rocky Reid  Read Replies (2) of 10072
 
All this Hype released today, and all IOM can manage is a measly 1/8 point?

The general market is Up as well. This stock has a 10 ton weight sitting on it at these levels. Garbage news like this (niche market Zip OEMs) I was hoping would send IOM Up another full point or so. My IOM buy at $4 1/4 is making money, but my YHOO is doing better, Up 9 today alone, and Up 36% since my buy-in at $102 a short time ago. As Comdex draws closer, I'm hoping the momentum will build up for IOM so I can sell and dump this dog into the laps of the Sucker investors who always seem to buy into all this nonsense coming from the Iomega Pressroom. IOM will then collapse in December after Comdex. It's tempting to add to my IOM short position now, but I have faith that more junk from the IOM Hype Press Machine is on the way.

And my GPS (Gap) has declared another stock split. Overall, a good day.
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