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


To: Ken Pomaranski who wrote (1963)10/6/1998 10:09:00 PM
From: Cogito  Read Replies (1) | Respond to of 10072
 
>>I laughed when Allen questioned your 'margin of error'. The bulls will assume that any data that doesn't support their position is false, yet don't question one bit the bullish 'made up' data pulled from thin-air. Man, I had a good laugh today!<<

Ken -

I'm glad you had a good laugh. However, I was not assuming Michael's data was false. I know Michael to be quite thorough. I was just asking what his margin of error was, knowing that Iomega does not report exact numbers of drives sold per quarter.

It's never a good idea to generalize about people. You may consider me a "bull" because I take certain bearish people to task for misstatements, but it's been a long time since I believed Iomega had more than a 50-50 shot at turning things around. I don't consider the company dead in the water, as you do, but I have not been a buyer of the stock for a long time, nor have I advised anyone else to buy.

I do have an emotional attachment to this company, though. I made a lot of money on them at one time. Still haven't given it all back, yet either, though I sure didn't keep it all, either. ;-0

- Allen