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


To: KM who wrote (34473)11/4/1997 2:29:00 PM
From: Gary Wisdom  Read Replies (2) | Respond to of 58324
 
Re: 5 1/8/! I'm looking for them to go out at $8-10.

Truff,

Unfortunately, I was not smart enough to buy them under $2 (like you).
Also, while I was as smart as you to buy Iomega @ $16, I was stupid enough to dump it @ $17 or so!!!

So, there are smart people (like you) and the rest of us. The rest of us sometimes are just happy to make just a little bit of money.

However, not to be a junior Michael Metz, but everything going on in the market right now tells me that we have not seen the worst yet. While I am very very bullish on the market (and Iomega), I strongly feel that there will be another pull back before we see 8000 again.

I am heavy in cash waiting on that moment. Maybe I'll miss the next big run, but at least I can sleep a little better at night these days.

Good luck to you

P.S. I really appreciate your posts. Your insight is very helpful.