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

To: sheila rothstein who wrote (50001)3/14/1998 3:55:00 PM
From: Cogito  Read Replies (1) | Respond to of 58324
 
>>I'm hoping to make $50,000 on IOM this year. Is it possible ? I sure hope so. SR<<

Sheila -

It's possible to make fifty grand on most any stock. Just buy one hundred grand worth at one price, then sell when it goes up a half point.

Or two hundred grand and a quarter of a point.

No problem. I'm sure Rocky could explain more about how simple it is to make money in the stock market.

- Allen

PS: Another way to make at least 50k from Iomega this year is to become a lawyer and jump on the class action bandwagon.

You know, those lawfirms wouldn't all be jumping into this lawsuit if it wasn't for the fact that Iomega has more than a hundred million bucks in cash. Again and again, Iomega is a victim of its own success.



To: sheila rothstein who wrote (50001)3/14/1998 10:00:00 PM
From: Gary Wisdom  Read Replies (1) | Respond to of 58324
 
Re: <<I'm hoping to make $50,000 on IOM this year.>>

Of course it is Sheila. Here's how you do it:

On Monday, buy 800K shares.
Immediately, put in your order to sell at a price 1/16 higher than what you paid for it.

That'll give you your $50K profit. Of course, you'd have to factor in commissions too.

:(


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