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: Teddy who wrote (36348)	11/18/1997 7:27:00 PM
From: KM	Respond to of 58324

Edward: **OT** He basically likens this to the horrible selloff in money center banks like Citicorp, Chase etc. in the early 90's. YOu probably were about 8 then. He kept doubling down and tripling down then when he couldn't stand it any longer, he "puked" them all up for big losses. Then, everything turned around and if he'd held, on, he'd have made millions on them. The moral of the story is, hang on and double down if you can. Since I'm not long, I can't double down but I will try to pick a near bottom to cover and go long. For you, I'd say hang in there and buy more if you can. look at leaps. BTW, just because something is "wildly overdone" doesn't mean it will end anytime soon; i.e. AMAT, TXN, etc.