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

To: Fred Fahmy who wrote (48215)	2/19/1998 9:33:00 AM
From: BBG	Read Replies (2) \| Respond to of 58324

It's time to get CONTRARY... FRED... >>In fact, I think the overall negative and depressed tone of this thread is in general a very positive sign.<< I agree completely with the the above statement... With all of the bad news of the last couple of months ...i.e. the almost 50% decline in stock price, lawsuits, Nomai, product delays, etc... and Rockhead now predicting $6 1/2... I think it is an excellent time to buy... Just like it was an excellent time to sell when everyone was predicting a blowout 4th quarter, talking about billions in revenue from CLIK! etc... I'm kidding a bit with the above... Trying to point out what a crazy place the market can be sometimes... I will just stay with my same old steady strategy of buy and hold... Anyone want to guess where IOMEGA will be 5 years from now...? It's just like you pointed out with INTC and MSFT or GE or IBM or DELL, etc... In my "trading" days I owned all of those companies at some point, man I was so "smart"... buying and selling, selling and buying... what did it get me? A couple of quick examples... Bought INTC at $42 sold at $74 only to watch it go up above $100... Bought IBM at $90 sold at $130 only to watch it go up to like $170 and split and continue it's steady march up... I made a lot of money but I figured out that if I had just stayed with these companies not only would I have made a lot more money I would have gotten a lot more sleep... I'd like to ask everyone, seriously... Where do you think companies like MSFT, IBM, DELL, CSCO, CPQ, GE, BA and yes IOM will be in 5 yr.s? If your answer is wwaaaayyyyyyy up why all of the jumping in and out? Do you think you're smarter than the market? Are you just gambling and addicted to the "action"? Are you freaking out of your minds? Are you investing your rent money? Please don't take this an attack on anyone or even a criticism for that matter... hell it's a free country... just trying to understand where some of you are coming from... Regards and Good Luck Whatever your "Strategy"... JD

To: Fred Fahmy who wrote (48215)	2/19/1998 11:24:00 AM
From: Rocky Reid	Read Replies (2) \| Respond to of 58324

Er, Um... The last time I was making predictions about IOM, I was pretty much dead on. Check out these posts I made in the last part of December 1997 leading up to 4th Q earnings release: exchange2000.com "It just makes me too nervous knowing that I am hanging onto a stock which at any moment can lose half of its value at any sign of bad news, such as not meeting 4th Q expected numbers." -Dec.23 1997 exchange2000.com Jan. 2 1998 4th Q Prediction: .14›/share I also predicted IOM $9 in another post I re-read recently, and also said that Iomega would be subject to Investor Lawsuits after the Earnings date. I'm sorry I didn't post the links to those statements, but I know of no way to browse through old posts without it taking all day. *Isn't there some kind of word search for SI posts, or a way to list all older messages made-- not just the last dozen or so? As for INTC, Gary Wisdom let it be known that I was a fool for buying INTC awhile back, but now I am here in the money, and plan to hold this one. In no way should one include IOM with INTC and MSFT. First off, INTC and MSFT are much, much larger than Iomega, and both have long track records of crushing nearly everyone else with expansion of their product and customer base. Both companies offer a variety of successful products, and share a wonderful relationship with Wall Street. IOM meets NONE of this criteria. It is a one product company, has only a 2 year success record, and has a terrible relationship with Wall Street. Probably the worst I have ever seen excluding those companies that were out and out total frauds like Bre-X and Centennial.

To: Fred Fahmy who wrote (48215)	2/19/1998 11:37:00 PM
From: Naggrachi	Read Replies (2) \| Respond to of 58324

<<This is an excellent sign! These are the kind of wild predictions you were making last time IOM was bottoming out right before its its long upward run. In fact, I think the overall negative and depressed tone of this thread is in general a very positive sign.>> Yeah, I remember that as I read your post. When IOM was at $14-15, cRocky was boasting about how the stock was going all the way to $8. So many times being wrong, yet the guy continues to post his daily BS. BY way, what's the deal with Quest drive, cRocky? Zead