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


To: Fred Fahmy who wrote (47169)2/8/1998 9:18:00 AM
From: isdsms  Respond to of 58324
 
<<If there is one thing I have gathered from reading this thread for the last 2 years is that there is a strong
short term thinking bias here. There also seems to be an unhealthy amount of emotion both when the
stock is doing well and when it is not doing so well. Currently, I find the whining almost comical.>>
Ditto! Two months ago when the stock price was 33+, Kim Edwards was doing his job. Now he's not???<<GRIN>>

Regards

Ira



To: Fred Fahmy who wrote (47169)2/8/1998 2:49:00 PM
From: Naggrachi  Respond to of 58324
 
<<CSCO also had a similar drop in stock price last year.>>

Tell me about it, that's when I established a position in the company. :-)) Feel sorry for the real "suckers" that sold that company at the time.

As to the price decline, I agree with what your saying, however, KE has done this before and watched my portfolio value decline more than 50%. Unlike CSCO, when IOM takes a hit of this magnitude, it's dead money for at least 6 months. It's just disheartning to go through this all over again.

Zead