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Non-Tech : Iomega Thread without Iomega
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To: Jock Hutchinson who wrote (7817)2/28/1999 5:14:00 PM
From: Senthil Sankarappan  Read Replies (1) of 10072
 
>>I was short at 10 and change. I closed out at five and change. Then I was long
at five and change. I sold in the high eights. I repurchased at six and 5/8s. Those posts are
on this or the other thread.<<

Thanks. You again prove my theory that this stock is not for long termers. This is for traders to make money. Apparently not everyone will be good traders and lot of people lost money in this stock big time by being long for too long. I bet even you also not sure of your big buy at 6 5/8 by the way this stock keeps going down every day.

Finally, it does no matter if Rockey lies in products or anything. He may be the mad man out there and his predictions about IOM could be based on some astrology or not. He has been correct in the direction of the stock. yes. it is hard for me to accept this since he is in the opposite side of me but truth can be bitter :-<

Now, i will appreciate if you all spend your time and energy in discussing about what's wrong with IOM in the past few years and what can change that going forward. Who knows?? IOM management can learn a thing or two from those discussions. So, if you are a true long, you would channel your energy in that direction than trying to change the Rockies and Joels of the world who may not exist if IOM's management does the right things.

Thanks
-senthil
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