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


To: larry who wrote (37881)11/30/1997 5:52:00 PM
From: Richard Smith  Respond to of 58324
 
you are losing profits here. there are less risks at this prices than in the twenties. why do you think that guy from that newsletter is recomending its momemtum investors to buy iomega? my guess is that iomega will split at 50.
it's said that individual investors miss big profits because they sell too early.
many individuals bought iomega early and sold at $20 or below before all the splits. for those original shares iomega would be worth $200 now, and it is just getting started.

can you imagine if you bought a bunch of it at 0.25 and held all this time even with the ups and downs you would have increased your money an 800 fold.



To: larry who wrote (37881)11/30/1997 6:09:00 PM
From: John Alan Wallace  Respond to of 58324
 
larry boastfully exclaimed!!!

<<<So don't tell me how to make money in this market. I think that I have done good enough and have made good decisions in the past and I have total confidence in my ability.>>>

larry, You da man !!!

Fast Eddie, you obviously did not know to whom you were speaking with young man <VBG>

JW



To: larry who wrote (37881)11/30/1997 7:55:00 PM
From: Linda Pearson  Respond to of 58324
 
larry,
<I pulled out my money out of IOM and invested all of them in IDTC. I got a 200%+ return in less than two weeks (stocks plus options). 200% is certainly better than 30%,in my eyes.>

Have you sold IDTC YET?!?

Linda



To: larry who wrote (37881)11/30/1997 8:34:00 PM
From: slipnsip  Read Replies (1) | Respond to of 58324
 
<I pulled out my money out of IOM and invested all of them in IDTC. I got a 200%+ return in less than two weeks (stocks plus options). 200% is certainly better than 30%, in my eyes.>

Based upon your analysis of IOM, and your overly enthusiastic confidence in your ability to to make outragous returns, you have either been investing for a very short time or have not bothered to tell us how you have made a small fortune out of a large one...

For all the talk about options and leverage, we need to remind ourselves of what excellent returns are. If you are making 15% annually, your making well above historical averages. If you have no formal education in finance or work experience in the financial industry, and you think you have this investing thing licked, I urge you to step back and put things into a realistic framework.

If Iomega can provide us with a 30% returns over the next 2-4 years, that would be exceptional. If we do better than that, we should all feel lucky.