SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?


To: BBG who wrote (6835)1/27/1999 2:32:00 PM
From: Cogito  Read Replies (2) | Respond to of 10072
 
>>It just blows my mind that people continue to buy this stock... When you have DELL, MSFT, CSCO, LU, T, AOL, IBM, HD, FDX, CPQ, SUNW, RMBS, and on and on to pick from...<<

BBG -

The stocks you mention are all good investments. I am also invested in other stocks, including at least one on your list. My IOM investment represents a very small portion of the portfolio at this time.

But I wouldn't sneeze at IOM, if I were you. I have made good money with it over the years. My reason for buying now is that I do believe the turnaround is real, and I believe the downside is limited. It's also clear, from movements like what we experienced this past October, that there is still plenty of interest in IOM. Quick upside moves are quite possible.

But the biggest reason I just bought IOM is that I believe I know the company and that I understand the market they are in.

- Allen



To: BBG who wrote (6835)1/27/1999 11:29:00 PM
From: Fred J. Ledo  Read Replies (1) | Respond to of 10072
 
"It just blows my mind that people continue to buy this stock... When you have DELL, MSFT, CSCO, LU, T, AOL, IBM, HD, FDX, CPQ, SUNW, RMBS, and on and on to pick from... all these companies and many others just keep on posting the earnings qtr. after qtr. year after year... going up, splitting, going up and splitting again... I can understand people that already have large postions from IOMEGA's high flying days that don't want sell for big losses but to be putting new money in this company given the last year and half's results is ludicrous... "

Why, uh, how about 100% gainer in several months. This is a traders stock...

Fred