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


To: s. bateh who wrote (36916)11/22/1997 6:36:00 AM
From: Philip J. Davis  Read Replies (1) | Respond to of 58324
 
Sandy,

I submitted to temptation and sold all 40k shares on 11/17 at an average price of 30 7/16. Don't be too mad at me...I bought at 29 in early September. Can you imagine what I was thinking when it was at 22 1/8? OY!

I must admit that I too thought there would be a pull back. Alas, the risk of day trading is that you usually miss out on larger advances. Chalk one up for the long term investor.

I traded 10k Thursday for a 3/4 point pop. Sold it at 31 7/8.

I began buying back yesterday. I felt luckby buying at 31 7/16 for 4k. Still haven't finished!

Philip