Any info about Iomega (IOM)? Message Board

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

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To: KM who wrote (44629)	1/22/1998 9:03:00 PM
From: Bill Fischofer	Read Replies (3) of 58324

Re: CC Well, this may take some time. Obviously the 800 number is getting a lot of use this evening. Not sure if I'll be able to get through this evening. One more comment about after-hours trading, however. The term thin refers to liquidity, not volume. Because there are relatively few participants in after-hours markets the only way to move a sizeable amount of stock in a thin market is at a substantial discount or premium to the regular market price (depending on whether one desperately wants to sell or buy). Obviously someone desperately wanted out of their IOM position after the close and paid dearly for the accommodation. Until normal trading resumes at tomorrow's open we have no way of knowing what the real reaction to earnings will be.

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