Any info about Iomega (IOM)? Message Board

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

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To: Cogito who wrote (10183)	10/26/1996 1:51:00 PM
From: jwk	of 58324

Whoaaa, you guys lost me back at the fork in the logic road. >>The point I was trying to make was only this: short sellers increase the total number of shares available.<< Short sellers do not own stock. That is why they are called sellers. When you short a stock, you sell it. You cannot own something if it has been sold. I hope I'm not missing something here. What the short seller does own is an obligation to go to the market and purchase the same number of stocks which they sold when they became a short seller. There are not two shares where there was one. And there are not two owners of a stock. There is one owner for each share no matter how many people have promised to buy a certain number at some time in the future. This impacts the demand side of the market, never the supply.

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