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

To: stock bull who wrote (45252)	1/25/1998 1:15:00 AM
From: Cogito	Read Replies (2) \| Respond to of 58324

>>Gottfried, if my memory serves me correctly, the firms that have seats on the exchange are required to "make the market". In other words, if there are no buyers for the stock, the firms are required to buy the stock. This helps to keep the market liquid.<< SB - I'm not an expert on this, but I believe that if there were no buyers and the firms were required to "make the market" then they would have been dropping the buy price all day. The fact that the price was virtually flat, with a small move up toward the end of the day, makes me believe that the buyers and sellers were pretty evenly matched. Perhaps not all of the analysts took the conference call so badly and some fund managers were bargain hunting. Or maybe they were just getting in for a quick bounce next week. - Allen