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

To: KM who wrote (43775)	1/17/1998 6:09:00 PM
From: Teddy	Read Replies (3) \| Respond to of 58324

RE:"...being an "investor" in a $12 stock." i am very happy with my investment Iomega. i am reasonably sure that i will still be happy with it next Friday. Chances are that a year from now i will be even happier. Like most of the "investors" on this thread, i have owned IOM long enough that, even with the recent decline in price, that investment has significantly outperformed the market. Truff, i remember you posting that Iomega sent you a bunch of stuff in the mail a while back: you were all excited and thought it was the best company in the world. Unless i am mistaken, Iomega is still the same fast growing, money making company.... all that has changed is the stock price. A lot of stocks have come down lately. Some will go down more. Some will sore to new highs. i don't think it is fair to say that the only reason IOM is down is because of the split. As you pointed out: "someone who bought INTC at the beginning of last year and held it without trading is either sitting on a zero return or slightly negative for the year." Yeah, and INTC never split at $24. And i don't think that someone who owned shares of BA for 18 months is too happy with their 0% return either. Gee, Boeing is a huge company with a big backlog and it is even in the DOW. Hopeful the CC will be good and IOM will head back up. BTW: i'd rather read a bunch of OT post or RR ranting then the cry baby stuff posted today.

To: KM who wrote (43775)	1/18/1998 11:07:00 AM
From: Tom Carroll	Respond to of 58324

RE: Long-term market swings Truff, About buy-and-hold worlds, it's not the buying and holding that's aggravating, it's the stagnation of the price while you're holding that is. If you buy and the stock price continues to climb and climb and climb, you go to bed cheering every day. I know. I was there with Iomega in the first eighteen months of its meteoric rise. Of course, I'm congenitally buy-and-hold anyway, so maybe I'm blind to something here. I know that a tenfold increase in my investments in a year and a half was enough to get MY adrenaline running just fine without any options or other artificial stimulants. One thing you should remember, though, and that is that the market's performance in the last several years has NOT been typical. Don't get too used to it, because some day, I have no idea when (maybe when the boomers start cashing in their retirement investments), things are gonna change. When they do, you'll be darned glad to buy and hold a stagnant stock. That'll be considered above-average performance. Thinking that through now can give us all an advantage when it comes to developing a strategy for coping with the situation. Cheers, Tom (long IOM)