Bubba -
Well, good for Nokia. When any company is willing to go beyond warranty terms and repair an older product, I think that's a good thing. That's why I applaud Iomega for replacing any Zip drive affected by COD, whether or not it's out of warranty.
I'm curious about something. You say Rocky's "kept you out of trouble". I'm just wondering how long you've been reading this thread.
Here's a little story. In late September, 98, Rocky was advising us all, in several posts a day, to sell Iomega in the threes, because a drop to below one was inevitable and coming fast. At the time, I was holding a long position I had established at 7 the previous June. Rocky kept exhorting us all to sell through the first week of October. Then, on the 8th, the stock made a sharp upward move. By the end of that month, the stock had jumped up to the 8 to 9 range. I sold near 9, and was very glad I hadn't listened to our resident doomsayer.
Rocky has interpreted each new development in the storage industry as being negative for Iomega. If Iomega announces a new product, he tells us why it won't work and won't sell. If any competitor announces one, he tells us it will capture the market and that it spells certain doom for Iomega.
To the best of my recollection, out of thousands of posts on this thread in more than two years, Rocky has said something positive about Iomega only once or twice. In each case, the same post included some kind of slam.
How is that kind of knee-jerk negativity helpful? It's impossible for me to give credence to anything he says, because it's always negative. I know that nobody is wrong all the time. Therefore Rocky must be right sometimes. But clearly, Iomega can't be wrong all the time either, and since Rocky always says they are I don't see how anyone can trust anything he says.
- Allen |
