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


To: slipnsip who wrote (46026)1/28/1998 3:34:00 PM
From: Rocky Reid  Respond to of 58324
 
>>I am confused???? Rocky doesn't seem to be rubbing these recent events in our face.... Thank You. I think....<<

I don't know if anyone told you, but I guess I am now "long" at $8 5/8. I used 1/3 of the money I made selling at $12 3/4. As I've said before, I am holding off buying anymore because I don't see a bottom yet. Now that the PE is down to a reasonable level (18-20), I believe it has a much better chance of price appreciation. This PE level is the level that a year ago I mentioned would be my buying target. Well, here we are.