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Non-Tech : Iomega Thread without Iomega

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To: Jock Hutchinson who wrote (7814)2/28/1999 3:42:00 PM
From: Senthil Sankarappan  Read Replies (2) of 10072
 
I just don't understand why so many of the people are Obsessed with RR
It is strange that people don't care about their investment but spend so much time in trying to prove they are smarter than others.

I said it many times and will repeat one more time. IOM is responsible for Rockys and Joels of the world. As long as the stock stinks like it has been from Mid 96, you have to live with them. Only way to get rid of them is if the stock proves itself and starts making new highs and gets the respect of the WallSt.

I think the Bulls just vent their frustration by thrashing Rocky. I do agree that RR is irritating some times and exaggerates -ve ism many times. But let's face it. He has been more correct than most other people. Just the performance of the stock speaks for itself - From high of $27.5 in mid 96 to $6 now. I don't care if RR's prediction of
$2.5 or $3 is not true. I also don't care if he is paid or not as long as he is correct. Like i said he might exaggerate some times but his bearishness is so far true. If i have a find a winner in this thread, it is Darrell who made the perfect decision of selling IOM at its peak of $16.x range in Nov/Dec 97 and then it is mainly Rocky. Rocky might have saved so many people their hard earned money from the hypesters and dreamers of this thread. I for one am kicking myself for not listening to Rocky. I am only *HOPING* that some miracle will come and help IOM. Till then IOM is a cursed stock and there will be Rockys and Joels around and Bulls will just redirect their anger for IOM on them and leave the real culprit of IOM and its management ...........

Oh. well. I am damn sure now i will be called a big supporter of RR and the frustrated BULLs might have one more target to beat. Such is life :-<

see ya
-senthil
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