Any info about Iomega (IOM)? Message Board

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Non-Tech : Any info about Iomega (IOM)?

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To: Richard V Davis who wrote (46742)	2/3/1998 3:06:00 PM
From: Cameron Dorey	of 58324

Rick, re: "the total lack of price movement when bids outnumber asks 3 to 1? My understanding of markets is the stead increased demand mean price increase, steady decreased demand means price decline." Well, that sounds good, but if nobody wants to pay more than $9.75 (or $9.81, I guess), then either the price doesn't go up or the commodity lays there unsold. To you economists out there, isn't this an example of infinite elasticity? Cameron "I just found out that I was switched at birth. Legally, I shouldn't come to work knowing my employee records may now contain false information."

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