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

To: Rocky Reid who wrote (52191)	4/9/1998 2:28:00 PM
From: Ken Pomaranski	Respond to of 58324

OT: Yea.. THNK chart is incredible. It scares even me. The key is to buy hot stocks in hot sectors and to know when to "fold 'em". Selling is the hardest and most important item in stock trading.. kp

To: Rocky Reid who wrote (52191)	4/9/1998 2:46:00 PM
From: Chris Sterner	Respond to of 58324

I've said goodbye to IOM today. Due to tax season and a lack of on-hand cash for taxes owed. Bummer. I must say that I do not think the doom and gloom picture of what Rocky believes will not come to pass. Likewise, I don't think this stock is heading back to its recent highs anytime soon either. Maybe in 6 months or so this thing will start to move again. I'll keep a close eye here to see info on Clik! (or more fondly known as Vapor!) before I discount this poor stock. I believe I will actually let the consumers decide what they like or don't like. They can be a finicky bunch. Rocky, don't be so quick to pontificate on what you believe to be fact. The FACT of the matter is IOM spends alot of money on R&D. We really have little to no idea on what they are working on.They may even fool the likes of you. I keep seeing the preachings of the bears with those famous words- backward compatible. Last time I checked, my computer already had a 3.5 inch drive. I'm never call myself 'computer savy' but unless you have a notebook computer why would you even want a peripheral 'backqard compatible'? History has proven that having backward compatible technology is unnecessary. Even with notebooks, I don't see the big deal. I can't even remember the last time I've used a 3.5 floppy. We are literally talking years. With the huge hard-drives CD-rom and Zip, why would you even need a 3.5??? Please, gimme a clue. Lastly, let me say that I do like the product. It has a good base and doesn't appear to be slowing down (drastically) yet. They do need to get Clik! out the door soon though. The stock on the other hand... sucks wind. No other way to put it. Until the street decides they like IOM again, just forget it. I have enjoyed this thread over the years. I've been an occasional poster and lurker for over 2 years and been through all the highs and lows. Its been great to read the opinions and ideas of both techo-geeks and investors/traders. I'll keep reading, albeit with less interest. Good luck to all sticking it out! Chris

To: Rocky Reid who wrote (52191)	4/9/1998 2:57:00 PM
From: Alan Rosen	Read Replies (2) \| Respond to of 58324

Rocky Protector of the Weak and Foolish, Why do you and many of the other bears that post here assume that IOM is the only stock (or even a significant position) for the longs that post here? I can't speak for anyone else, but it is less than 2% of my portfolio and I'm sure that I am not alone in that respect. I am willing to sit it out, the company isn't going bankrupt, I can take the time to see how things play out. Traders are always talking about dead money and foolish positions. Of course they never talk about the opportunities they missed by jumping in and out of positions or the bad decisions they make...no, they only like to share their "3-baggers" and their multi-point daily gains. What should be talked about is the performance of the entire portfolio over a decent period of time, not just the short-term winners in a run-away bull market. archcc