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

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To: Rocky Reid who wrote (51927)4/4/1998 12:13:00 AM
From: Herb Fuller  Read Replies (1) of 58324
 
Rocky , Re:>>>The current stock price and action I believe to be a quite orderly exodus of the institutions. This with a careful balance as to not let the share price nosedive until they are all out.<<<

Please explain how the above process works . If this could happen why don't they sell at $9 or over instead of $7 .

I know that on the NYSE the specialist is it charge of running an honest and orderly market in the issues that they cover but I cannot believe that they are in cooperation with institutions or other interest to hold prices up so they can exit .

Please explain if you can,

Herb
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