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

To: Dumar Grey who wrote (50201)	3/16/1998 2:05:00 PM
From: Hunter Vann	Respond to of 58324

Message 2960413

To: Dumar Grey who wrote (50201)	3/16/1998 2:15:00 PM
From: Rocky Reid	Read Replies (4) \| Respond to of 58324

Re: M. Coley, D. Stempson - Help! Let me get this straight... The decision to buy this dogslop on their recommendation has cost you your kid's college money. Now, you seek investment guidance from these two Iomaniacs again-- and this time, you're willing to mortgage your house to buy more IOM. Listen to Iomega Bears. We have been correct all along. By buying into the Iomaniac Bullcrap around here, you deserve to lose your shirt- however your kids don't deserve to lose their college money.

To: Dumar Grey who wrote (50201)	3/16/1998 2:30:00 PM
From: the Druid	Respond to of 58324

It is very clear now. Sell this dog. It looks like one of those disk drive makers all over again.

To: Dumar Grey who wrote (50201)	3/16/1998 8:58:00 PM
From: Michael Coley	Respond to of 58324

RE: Help is on the way! <TIC> Dumar, >> M. Coley, D. Stempson - Help! << You really want my advice? >> I sold all of my SYQT shares and bought IOM on your and D. Stempsons recommendations. What do I do now that IOM is down 30%?<< Wait for the bottom and then short it. >> Should I write covered calls or buy 50k more shares at this bargain basement price? << Or maybe you could just get out of IOM and try to find the next IOM. You know... A company with incompetent management, trading at wild multiples, with tons of competition and a shrinking market, just poised for a huge fall. >> Will it go lower? My broker called this morning about a margin call or something, should I mortgage my house and buy more? There's no way the share price of IOM could go lower than 7 is there? << You didn't already have a second mortgage out on the house? You obviously weren't listening to me, or you would have. Lower than 7? I think it did. I think the lowest it can go is 0. >> I put all of my kids college money into this baby. << Hope they get lots of scholarships. >> You've always said that people should be in IOM for the long haul but I'm even down on the shares I bought in Jan of last year. << Did I recommend IOM to you in 1/97? >> Please help me. What do you recommend? << Shock therapy. - Michael Coley<br> - wwol.com