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


To: Robert Skinner who wrote (46157)1/29/1998 5:22:00 AM
From: Robert Skinner  Read Replies (1) | Respond to of 58324
 
Correction on my post to Boloonman.
There are no market makers in the NYSE. IOM is not a Nasdaq stock. I stated market makers may be accumlating the stock. Yikes how could I say that.



To: Robert Skinner who wrote (46157)1/29/1998 5:36:00 PM
From: EWS  Respond to of 58324
 
Iomega is no longer a Nasdaq stock so there are no longer marker makers, only specialists. Last month there were only about 14,000,000 Shares of Iomega sold short. I believe that most of the trades ended up with someone accumulating shares. There were a lot of 250,000-1,000,000 share blocks going through when 47,000,000 traded and the stock was range bound.



To: Robert Skinner who wrote (46157)1/30/1998 9:27:00 AM
From: balloonman  Read Replies (1) | Respond to of 58324
 
Thanks for your response Bob. I need sometime to digest some of what you said. Also thanks for tactfully pointing out my difficulty with 'spilleng'. Your comment on investing becoming a national past time is intriqueing (sp?). With the advent of internet trading this will come to pass. But with more people trading, and ignorant traders (what ever that is) at that I suspect the ups and downs will only become more exaggerated and volatile. Anyway good luck today. balloonman