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Non-Tech : Iomega Thread without Iomega

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To: Gary Wisdom who wrote (8618)	3/29/1999 6:14:00 PM
From: Cogito	of 10072

>>I don't understand why anyone wastes their time with this stock. Management sucks, the company sucks, the product sucks and the shorts love it.<< Gary - That's not true! The products are fine! So you are only three for four there. ;-) You say that it's been 15 months since you posted here and the stock is 50% lower than where you sold at a loss. Fortunately for me, I have bought and sold since then, and made a decent profit. I'm sure it was unwise to get back in after that, but I knew the risk I was taking. Last time I was in this position, I had bought at a higher level. The stock reached this level and went lower. So I was much deeper under water then. Suddenly, in three weeks it tripled, and I got out. I think you are right that this stock is not worth the amount of time we devote to it. I stick around because I enjoy the give and take of this thread. But there sure isn't much reason to be here from an investor's point of view. I'm glad the rest of my portfolio is doing well, and that Iomega represents less than 10% of my holdings. I'm glad that you're happy with the decisions you made with respect to IOM. Good luck. - Allen

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