Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: KM who wrote (34476)	11/4/1997 2:43:00 PM
From: Gary Wisdom	Respond to of 58324

To: Truff You misunderstood my post . . . I do not think we'll take out last week's Dow low. And, I feel very comfortable (as I earlier stated) that Iomega will not see a close below $26 in the future. And, you're right. One should never be overinvested. And, regarding leaving money on the table, get these stupid trades: Bought AMZN @ $18 Bought AOL @ $33 Bought DELL @ $25 Bought FDX @ $44 Bought GT @ $53 Needless to say, I don't any of these anymore. I have learned many lessons. And, I still do hold Iomega long. Just not as much.

To: KM who wrote (34476)	11/4/1997 3:09:00 PM
From: Markas	Read Replies (1) \| Respond to of 58324

I find it much more disturbing to watch a profit turn into a loss than to miss out on even more profit or even just watching one drop immediately after I buy. I don't mind holding my stock through volatile periods but like to trade my options for profit when I can. As my account has grown, I've tried to let some of my position ride, but overall, I've found I would have been better off had I cashed out and had funds available for the next dip. These are the types of problems we should all be so lucky to have all the time! (I'd never deign to give you trading advice, Truflette, just my current strategy. Waiting with cash in hand and stock in the vault(zip on my desk, of course), Markas