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


To: stock bull who wrote (50698)3/18/1998 10:56:00 PM
From: Alan Rosen  Read Replies (1) | Respond to of 58324
 
stock bull,

Yes, it is nice to make money now rather than later. Myself, I am a pretty good "picker" and a pretty terrible timer. To make matters worse I find myself away from my homebase and out of contact for months at a time when I have an active project. Therefore I have to play for the longer term.

I have been gradually upgrading my portfolio, but I still maintain positions in stocks like IOM, even when the $$$ are "dead" for awhile. I tend to view many of my investments like my mutual funds, I can live with a bad year(or two) as long as I see a return average at least 13-15% over 5 years. Obviously some of my stocks do much better than that and some not that good but stocks are just more entertaining than mutual funds!

I still intend to let IOM ride, Zip still has a lot going for it as a product and revenue producer, and the market for Clik! or a Clik!-like products will be big as we see more & more compact digital devices.

archcc



To: stock bull who wrote (50698)3/20/1998 12:35:00 AM
From: Bill Lin  Read Replies (1) | Respond to of 58324
 
Stock bull,
in life, facts are relative.
Perspective changes interpretation and finally acceptance of fact.

argument/proof: Copernicus was a heretic. (hope you followed that short hand).

So, AOL or AMZN can do just fine, thank you with the same story (flat revs, neg cash flow, competive threat -- AOL before this year) :)

hmm...short term "investing"...IOM certainly does piss off Wall Street analysts, doesn't it? There is a great article on Walmart in last couple of issue, where the arrogant mgmt at WMT finally responded to information requests from Wall Street. After 5 years of not "getting it", their stock is at all time highs, and not valued at PEs of 50.

I hope like heck that IOM does not follow WMT's path. 5 years...gack.

BL