Any info about Iomega (IOM)? Message Board

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

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To: Francis Muir who wrote (37054)	11/23/1997 11:52:00 AM
From: Spank	Read Replies (3) of 58324

re: Darrell's post... So Darrel wants us to believe that iom is headed for $17 and that it's due to what? a link of price to volume (ref: Gary). He didn't (to my knowledge) indicate anything about market value. Does this mean that he's implying that the specialist can/would limit the volume (how? ridiculously low bids?) until it got down to $17? what mechanism allows the specialist to effectively halve the market cap in the face of glowing fundamentals? maybe DR. IOMEGA has the cure for what ails Darrell (or US as the case may be). If Darrell isn't out to make a buck (as a trader) then it seems that something is terribly wrong with the mechanism at work for creating fair value. I don't see what the specialist has to gain by driving the price down to $17. Why $17 anyway? Mob control of the short position? -Spank

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