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

To: Brendan2012 who wrote (56804)	6/24/1998 4:18:00 PM
From: Rocky Reid	Respond to of 58324

I agree about AMZn. When that puppy falls, it'll be a killer.

To: Brendan2012 who wrote (56804)	6/25/1998 12:32:00 AM
From: Ken Pomaranski	Respond to of 58324

<< AMZN looks like IOMG 2 to me. Short squeeze now, poised for a fall. AMZN=IOMG May 96. $4B market cap, and they're going to lose money for several more quarters. Even after that they're not going to make all that much I think. Long term, there's too much competition (like barnesandnoble.com) for this to be all that profitable. >> You are exactly right! That's why I'm in. Yes, I do know that the stock will eventually fall, and I will bail out when it does. I am not married to the stock, and I always have a trailing (mental) stop on it. Right now it's at 90 3/4. The NUMBER ONE and TWO rules of investing is this: NEVER LET A PROFIT TURN INTO A LOSS and NEVER LET A BIG PROFIT TURN INTO A LITTLE PROFIT. Investing is all money management. Like Vegas. kp