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: Cogito who wrote (37745)	11/29/1997 11:51:00 AM
From: Francis Muir	Respond to of 58324

<< Of course, we could still see the pullback FIDO was counting on when he sold, but I'm starting to believe that the twenties are behind us now. Until the split, that is. >> My recent sell-out was based upon what I considered to be a reasonable expectation that the market would react badly to the Yamaichi fiasco, and a general weakness in the Japanese and South Korean markets. My information is that Wall St determined that the Yamaichi situation was a special one and was atypical. On the whole I don't look back and ask myself "Did I make money on that trade?". I try to make decisions based on what I consider to be the present and future worth of a stock, not on how much I paid for it. I only play IOM at the moment, and I will, at any one time, be 0%, 25%, 50%, 75%, or 100% in the stock; based on my estimate of the probability of future behavior of the stock. A 50% position would indicate that I have no feeling one way or anotgher, except that in a rather general sense the fact that I am only talking about IOM means that I am very comfortable with its continued growth. FIDO