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

To: Richard V Davis who wrote (46742)	2/3/1998 2:58:00 PM
From: Philip J. Davis	Read Replies (1) \| Respond to of 58324

Rick, Large bid indicates large demand at the bid price. Philip

To: Richard V Davis who wrote (46742)	2/3/1998 3:06:00 PM
From: Cameron Dorey	Respond to of 58324

Rick, re: "the total lack of price movement when bids outnumber asks 3 to 1? My understanding of markets is the stead increased demand mean price increase, steady decreased demand means price decline." Well, that sounds good, but if nobody wants to pay more than $9.75 (or $9.81, I guess), then either the price doesn't go up or the commodity lays there unsold. To you economists out there, isn't this an example of infinite elasticity? Cameron "I just found out that I was switched at birth. Legally, I shouldn't come to work knowing my employee records may now contain false information."

To: Richard V Davis who wrote (46742)	2/4/1998 2:59:00 AM
From: Robert Skinner	Respond to of 58324

Rick if someone wants to buy or sell a lot of stock they will do it over a period of time. That way they will have less impact on the price of the stock as they buy or sell. Lets say you wanted to buy a million shares of IOM. If you put in a order to buy it all at one time you would probably drive up the price of the stock. So you would be paying more. It would be better if you put in orders to buy smaller amounts and hope you could get it cheeper. Hope this helps Bob