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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?

To: Tom Carroll who wrote (1365)	9/2/1998 12:54:00 PM
From: Ken Pomaranski	Respond to of 10072

<< Apparently where we most disagree, though, is that you show evidence of thinking that gloating is classy. >> C'mon, Tom! I'm surprised you would say this. Just because I post opinions on this stock doesn't mean I'm gloating. In fact, I have already admitted that I'm the stupidist person out there, since I just do what the market tells me to do.. Like a robot. I will never, EVER say or think I'm better than anyone else because I am not. Thinking this is suicide in the market. Frankly, your statement typifies the problem with most investors. They get emotionally involved with their position, and mistake an attack on their position as a personal attack on them. I have the upmost respect for EVERYONE on this thread, and wish everyone the best in their investments. I hope all of you become millionaires. What I have been pointing out is that IN MY OPINION Iomega is not the stock to use to achieve this goal. My opinion may change when the fundamentals change. Funny thing is, everyone on these boards have the same, exact goal: to make money. The board should be used as an information exchange to keep us better informed along the way to achieve that goal. What the boards are really used for, however, is to attack people who don't agree with the majority. It's also used to try to defend positions which should not be defended. It also acts as a security blanket when you are feeling low about the stock. You get online, see your friends in the same predicament, and feel better. You use the board to get security about the position, even through you know deep inside it's the wrong one. The boards are a huge support group, putting forth an image of the stock that is not true. When this dreamworld gets broken, the attacks start. Anyway, good luck to you Tom. kp

To: Tom Carroll who wrote (1365)	9/2/1998 1:04:00 PM
From: Ken Pomaranski	Respond to of 10072

<< Where you and I disagree, I suspect, is that you're still stuck in the mode of thought that gives Iomega only one chance with the Zip, namely, the chance to rather effortlessly replace the floppy overnight. >> Wrong! I don't care if they sell 10 or 20,000,000 of these. I don't care if they are in every PC. If they can't make money off the business, then the business doesn't make sense. If they had 1% of the market but they where making money I would be buying the stock. My mantra is simple: To become the standard they need to drop prices so much that they don't make a profit anymore. When this gets proven wrong, this may be a good investment. << Regarding the argument that the Zip is an unnecessary add-on, I think that's flawed reasoning. >> Your long argument after that supports my statement. Your argument gives scenarios where the ZIP becomes a 'required' item. If the ZIP replaces the floppy as the one bootable drive in a PC then yes, it is a required item. kp