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

To: Paul Moerman who wrote (45262)	1/24/1998 12:47:00 AM
From: kahunabear	Read Replies (2) \| Respond to of 58324

546 million in sales up from 431 last quarter sounds pretty darn good to me. Also, the forward p/e today was about 16, if you take current earnings and annualize them. And that assumes no growth. Not bad for 27% quarterly sales growth. Am I missing something ?? Maybe my numbers are wrong, but this is starting to look like a value stock. WS

To: Paul Moerman who wrote (45262)	1/24/1998 1:48:00 AM
From: stock bull	Respond to of 58324

Yes, I believe the market markers on the NYSE and Nasdaq are different. You are correct that the specialist on the NYSE are only supposed to keep things orderly. However, I believe that as part of this process, they can "buy" the shares in order to keep the market liquid, then sell the shares as retail buyers move into the market. I think the market makers would tend to keep the stock price from dropping. I don't think the makers would want to buy the stock and then sell at a loss. They would tend to keep the price steady and make their money from the spread between the bid and ask. Comments appreciated. Stock Bull Stock Bull