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

To: Cogito who wrote (46282)	1/29/1998 11:04:00 PM
From: Milt Best	Read Replies (8) \| Respond to of 58324

To all IOM bulls: Care to respond to this Iomega Click Problem? news.com I think you bulls need to open your eyes just a little. Milt

To: Cogito who wrote (46282)	1/30/1998 12:50:00 AM
From: Ken Pomaranski	Read Replies (1) \| Respond to of 58324

Allen, Sorry, you got me wrong. (about comments on investment strategies) My implication was that the reason Iomega fell so hard and fast was that most of the people in the stock were in way too deep and were in based upon the hype. These are the 'weak' hands and the people looking to make a buck. Why else the 50% drop since mid December? Why was such a high PE given to a one product company? I think buying and holding is a GREAT strategy, but can't be done with just any stock. Many of the hyped up techs are an accident waiting to happen. All that needs to occur is ONE missed quarter, and all the people who don't do their own research bail out. With all the possible quarters, EVERY hyped up stock is vulnerable to a BIG, BIG fall.. My post was a slight 'poke' at the uninformed, weak handed 'investors'. kp