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Non-Tech : Iomega Thread without Iomega

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To: go4it who wrote (6214)1/21/1999 11:46:00 AM
From: James Strauss  Read Replies (2) of 10072
 
>>>I'm not sure what will happen even if IOM beats expectations.
Alot of the companies that have beat expectations are dropping in price i.e LU. I pulled out profits today and have decided to sit on the sidelines until earnings are announced. I will take the chance of losing out on a little bit of a jump in price. I like comfort of capital preservation I think.
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Charles:

The difference between IOM and LU is perspective... LU has been making one new high after another, deservedly so... A little profit taking is expected... IOM is just beginning its turnaround... So, surprises should be to the upside... For me, holding and adding to my position seems like the right strategy at this time... Those waiting on the sidelines will be left behind...

Jim
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