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Non-Tech : Iomega Thread without Iomega
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To: Senthil Sankarappan who wrote (7946)3/4/1999 10:40:00 PM
From: robert read   of 10072
 
let me tell you how if one lost money on iomega from last year's drop /(near BK) could have made up his money many times over:

1) be pragmatic, iomega won't fly again like it once did

2) let it go down to extreme oversold conditions and buy it when you
feel that sentiment is changing usually close to earnings and sell it before earnings are released.
3) Buy it after earnings only if earnings are very good with no negatives and if accompanied by very good news like last year when syquest announced it was folding.
4) Sell it as soon as the technicals show overbought conditions. Sell it and don't look back no matter what. Forget about SI posters.
5) Go to step 2

PS It isn't easy I know :) but don't let false hopes/greed get in the way.
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