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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Teddy who wrote (34208)	10/31/1997 9:48:00 PM
From: Rocky Reid	Read Replies (2) \| Respond to of 58324

>>Truff, when Apple jumped on the Bill Grates news i begged my Dad to let my short it: << Did you try yelling into his hearing aid? Sometimes the batteries in those things wear out pretty fast, and 75 year old men like your Dad have a hard time remembering such things. >>I'll play by his rules, for now, but less than 4 years untill i turn 18 and than watch out!<< If you were to talk about turning 45 next year, I think I'd be a little closer to believing what you say. IOM seems to be following the Russell 2000 action today. Should be hitting it's cap in the upper 20's pretty soon now. Watch for massive dumping soon for all those buyers who took advantage of the $22 dip.

To: Teddy who wrote (34208)	10/31/1997 11:29:00 PM
From: Brendan2012	Respond to of 58324

>>But, as usual, he went into his speach about investing in good companies for the long term..... OK, without margining or shorting i'm beating the averages so far (but i know that i can do better)..... i'll play by his rules, for now, but less than 4 years untill i turn 18 and than watch out! Truff, i'm reading every book a can get my hands on and paper trading to test my ideas...... someday they'll be writing books about me ;-)<< Oh no. Watch out shorting--you may end up shorting a company like Iomega, which so many have shorted and lost on. I agree with your dad there. Shorting has too limited a profit potential (max 100%, after all) to justify the risks, IMO. I have not and will not short a stock. Puts are a much better deal in general, IMO, though I'm not planning on buying those either. Brendan