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


To: Naggrachi who wrote (42293)1/4/1998 1:16:00 PM
From: sheila rothstein  Respond to of 58324
 
AYE, AYE ,AYE, am greatly in favor of hearing from the learned Dr. I. I'd like to hear what's going on with the CO. SR



To: Naggrachi who wrote (42293)1/4/1998 1:18:00 PM
From: Francis Muir  Read Replies (2) | Respond to of 58324
 
<< ALL OF YOU IN FAVOR OF HEARING FROM DR. IOMEGA, SAY I.>>

Nay! or do i mean NEIGH? the charm of IOM is not it's day-to-day volatility -- which is not great -- but the once-every-so-often upturn or downturn. it is this that makes it a great trading stock and where, i think, the professionals seem to have an edge over the knowledgeable techies like ourselves. Sheila -- Hi, Sheila! -- asked me how i might explain the recent plunge down from 16 1/2. frankly, i don't know. some of the more obvious things have been trotted out, but if we all knew so much, how is it we didn't take advantage? probably trufflette had it about as right as anyone: it peaked on low volume and there were clear signs of a pull-back. however, on these upward climbs greed takes over from fear and we forget to sell. Sheila is a long, of course, and had no good reason to sell, but i'm sure she now would acknowledge that she got caught up in momo fever and bought just at the wrong time. Cramer's advice seems good: don't buy at the bottom - which will almost always be a false one - but wait until the Big Boys have nibbled away and the stock is beginning to climb again and upward mo is developing. you'll never know that it isn't a head fake of course...

so, here am i, fully vested, and i should be fully in cash. what do i know? the key question is whether to sell just before, or just after earnings are announced, or, alternatively, to spread the sale between the two ...

FIDO



To: Naggrachi who wrote (42293)1/4/1998 3:09:00 PM
From: FuzzFace  Read Replies (1) | Respond to of 58324
 
NO. Every time he posts, it's great news :) and then the stock goes down :(

Poor IOM. It has to put up with first the Cabot momo boys, then the Si RoRo boys (Rocky & Rod). Did I get the punctuation right?



To: Naggrachi who wrote (42293)1/5/1998 9:13:00 PM
From: DR. IOMEGA  Read Replies (3) | Respond to of 58324
 
<<<<<ALL OF YOU IN FAVOR OF HEARING FROM DR. IOMEGA, SAY I. eom>>

I'm here; I just don't have anything of importance to say. I will tell you that those people who say that Iomega will not meet earnings are very sadly mistaken! BTW, I must admit, when that bozo made the comment that he had heard that Iomega would not be profitable next year my mouth hit the floor. I wish I had a tape of the show so that I could send it to him next January (along with a copy of the annual report). You should be happy about Zip drive and disk sales.