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


To: Gary Wisdom who wrote (40673)12/19/1997 5:15:00 AM
From: KM  Read Replies (4) | Respond to of 58324
 
I'll be right behind you. I have slept on it (some) and I'm not riding this thing down any more. We break 23 for more than 30 minutes and I'm gone. That's not to say I wouldn't look at buying back at $10 post split but I'd be much more skeptical. Riding this thing down from 33.5 is definitely one of the worst trading mistakes I have ever made and one of the most painful. The bears have this one in their teeth now and it's going to be hard to get them to let go. Funny, as always, the time to sell was when everybody (including me) was wildly bullish, positive articles, newsletter jockeys, etc. With the amount of experience I have, you'd think I'd know better. If I have to dump out of this one, I'll be 100% short. And, quite frankly, if it gaps down tomorrow and then rises to fill the gap, I may short it on a short term basis at least. I'm sorry, everyone, I know this will make you mad.

P.S. All of this is subject to changing my mind based on the conference call which is at 1:00 my time. But that truly needs to be very positive.

PPS to Bearded One: YOu got lucky this time bro. But I can't say you didn't warn me (long ago).