To: Rocky Reid who wrote (52913 ) 4/17/1998 3:29:00 PM From: Hunter Vann Respond to of 58324
On an extremely serious note Rocky, have you ever considered researching and evaluating other investment alternatives? Do you realize that you only post to this thread? Do you realize how many other investments are out there? Has it crossed your mind that if you researched your other investments(YHHO(short), AOL(short), QGLY(long), etc..etc..) as much as you did Iomega, you might not be in the pickle you're in today? SeRiOuSlY The strange and inordinate amount of time you spend on here is puzzling. Is the sound production business that slow? Since you're in the business and apparently need the extra work, maybe you should apply for some part-time disc jockey work; proms, school dances, Skate-A-Thons, birthday parties, etc..etc..Hell, make a little cash will all this spare time you have on your hands. I think if you did the math and counted up your vast amount of posts over the past year, your fascination and obsession with Iomega just isn't paying off. Matter of fact, I'd say you're working for pennies on the hour. You've acknowledged that you've shorted Iomega, once @ $7 1/8 and once @ $ 7 1/4. I'm not sure, but I thought I remember reading it was for a couple hundred shares. However, I'm unable to comprehend someone taking such a small position, so I'll give you the benefit of the doubt and say you shorted 500. As you're well aware, your amount of possible losses are infinite. Your amount of maximum profit potential would be $7 bucks. --(If Iomega somehow managed to go broke and file Chpt. 11) -- Your risk/reward evaluation doesn't make much sense. But hey, neither does the YHOO & AOL short. See Rock, when evaluating certain stocks, you have to look at more things than price and earnings. There are other variables you have to factor in and consider when figuring price. YHOO & AOL should have taught you this a long..long..long time ago. I knew a guy just like you in highschool.