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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Kevin D'Espies who wrote (38617)	12/5/1997 4:24:00 PM
From: Gary Wisdom	Respond to of 58324

hahahahahahahahahahahahaha With all that, Syquest was DOWN today Syquest was bid up to $3.50 today on heavy volume. However, cooler heads prevailed and it actually fell for the day to $3.25. Will those idiots that keep chasing this stock up ever get a clue? 3.7 MM shares traded. Jeez, I have some swampland in Florida for sale . . .

To: Kevin D'Espies who wrote (38617)	12/5/1997 4:30:00 PM
From: Gregory Cole Brock	Read Replies (3) \| Respond to of 58324

Kevin, I have been reading your concerns about the specialist and I am curious about your comments. First, the specialist can price the stock as he see's fit. If he drops it for no decent reason then the smart traders(i.e. the market) will nail him with alot of buying. The only time, IMO, the specialist, or even MM, screw you is on the spread. The difference btween the bid/ask is where he makes his living. Otherwise, why do you care? If it goes down on no reason, then buy it. On the flip side if it doesn't go up on large purchases then the specialist obviously has alot of supply to sell at that price, or he's screwing himself. If I have this wrong let me know. What am I missing? Greg