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: KM who wrote (40702)	12/19/1997 8:36:00 AM
From: Ben Antanaitis	Read Replies (1) \| Respond to of 58324

Truff, The way I'm handling this month is by saying to myself 'I can always carryover the losses to offset the BIG profits this puppy is going to make me next year! Go IOM! At least that takes some of the sting out of it for me. You, Gary, et al, and I walk a narrow tightrope when we trade options. BUT we know that. However, some of the readers of this thread may not appreciate just how narrow that rope can be. They may see options as an easy path to big bucks. Well, when we 'talented amateurs' (let's face it that's what we are), stumble and fall into that "90% of all options expire worthless" trap.... well hopefully that may just hold back someone who should not be trading options. One of the things I like about this thread, in particular, is that most folks seem to be honest about their losses and their pains... not everyone here has only profitable positions that are triples. Being honest enough to say "Oops, I f**ked up this month." shows an integrity that is refreshing in an open forum where no one can really confirm what anyone says. We got burned this month. OK. So dust off, drink some gator-aid (vodka optional), grab a hot shower, and get back to the charts, tables, tea leaves, etc and get ready for Monday and next month. Ben A.

To: KM who wrote (40702)	12/19/1997 9:26:00 AM
From: slipnsip	Read Replies (1) \| Respond to of 58324

Funny, when we were at 31-33, I was sitting here grinning. When they announced the stock split, I thought to myself, things couldn't get any better. Especially coming off of all the good news surrounding Comdex. THAT WAS THE TIME TO SELL. Inversly, THIS IS THE TIME TO BUY. Yes for the record, my lunch has been eaten by someone else this week. Dec 25's bought at 4 going to expire no doubt worthless..... Long and looking to double up...