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


To: FuzzFace who wrote (52442)4/14/1998 1:42:00 AM
From: Rocky Reid  Read Replies (1) | Respond to of 58324
 
>>And about that MarketEdge: where were they when IOM was at 33? Short it now? Good grief! They not only waited for the horses to get out before slamming that barn door shut, but they waited for the flies too.<<

This isn't entirely true. MarketEdge has had an "AVOID" tag on IOM for awhile. IT has proven to be pretty reliable concerning this issue. I wouldn't dismiss this latest downgrade.



To: FuzzFace who wrote (52442)4/14/1998 2:38:00 PM
From: Maverick  Read Replies (1) | Respond to of 58324
 
Edwin, Sheila, and Truff: as I recall MarketEdge went negative on IOM in the first week of January when it was still trading in the $12's.... they didn't go short, but they still at least "suggested" things were tenuous. We all know that many financial services are very reluctant to use the word "sell", and often substitute the politically correct "hold"....

I ignored them (for the reasons everyone has cited), and finally started selling at $9 5/8. But I wasn't completely out until $7. Broke one of the basic investing rules - don't "fall in love" with a stock. All too easy to do.

Should have stuck with my GE.