Thanks for bringing over that post from the MF board. It was great!
Bob,
You're very welcome. As far as I'm concerned, that particular poster has always been running with his oil at the full level while a lot of other self-appointed "experts" over there seem to always run a quart low.
I started reading every single post on the AOL Motley Fool's Iomega board (not to be confused with the Fool's Iomega board at their web site...full of total nonsense) in May of 1995, just prior to when I started investing a fortune (for me) in Iomega. Many times, I've seen over 500 posts on the AOL board in one day....and I think it is still the most active board on the Motley Fool's AOL site.
One could literally write a book about all the intrigue, flames and wars that have gone on there over the years. One particularly irritating guy (similar to RR) was finally exposed and interviewed by a national publication, and he declared that he was conducting a psychology experiment to see how the "average" investor reacted to FUD and taunting in general. He was good, with just enough truth in his incessant hammering/smearing of Iomega to be "somewhat" believable. It turned out he and a partner were starting up a hedge fund when he was exposed. His real name was Dave Hammond.
Our recently departed RR was too transparent and couldn't hold a candle to this guy.
As far as I'm concerned, the very long post to which I believe you are referring is the best, most logical post I have ever read, about this industry in general, in all these years. That's why I took the trouble of bringing it over here. IMHO, you should regard it as the "bible", print it out, tape it to your wall and refer to it often to keep your mind focused on the real deal, especially when the FUD spreading, fear-mongering, innuendo dropping idiots re-appear here from time to time.
Dave |
