SI
SI
discoversearch

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 (37483)11/25/1997 9:35:00 PM
From: kjude  Read Replies (1) | Respond to of 58324
 
<<tell that to the schmucks>> im not saying it wont come
down if it gets out of hand im just saying just because we sell at once dont look for it to cooperate at that parrticular time.
ill follow your lead my timing isnt all that great..
regards



To: KM who wrote (37483)11/25/1997 9:53:00 PM
From: Maverick  Read Replies (2) | Respond to of 58324
 
You "guys" are generally on the mark, but not this time.

Comparing the IOM of now with that during the infamous $55 runup and subsequent collapse is the same thing as the (irresponsible) comparisons made between the crash of '87 and the "crash of '97". The situations are totally different. Iomega now has a solid product line, a strong presence (OEM Zips), and good growth. And the discussion about the rising institutional ownership supports this. This stock does not have to be babysat (or day traded) to reward. At some point it will become sensible to take profits, but an itchy trigger finger isn't required. IOM isn't RMBS. Not this time.