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

To: Rocky Reid who wrote (51927)	4/4/1998 12:13:00 AM
From: Herb Fuller	Read Replies (1) \| Respond to of 58324

Rocky , Re:>>>The current stock price and action I believe to be a quite orderly exodus of the institutions. This with a careful balance as to not let the share price nosedive until they are all out.<<< Please explain how the above process works . If this could happen why don't they sell at $9 or over instead of $7 . I know that on the NYSE the specialist is it charge of running an honest and orderly market in the issues that they cover but I cannot believe that they are in cooperation with institutions or other interest to hold prices up so they can exit . Please explain if you can, Herb

To: Rocky Reid who wrote (51927)	4/4/1998 9:00:00 AM
From: KM	Read Replies (2) \| Respond to of 58324

Rocky: I agree with you that the numbers are likely to come in on the high side of the (loss) range - worse than originally hoped. My only hope is that there will be some sort of anemic pre-earnings runup by players playing for a pleasant surprise, which will allow me to dump my remaining call position at only a 50% loss. I see Iomega billboards all over the freeways around here now and only now are they advertising in the newspapers here, which I had complained about during the fall and early winter. Too little and way too late, IMO. BTW, I'm thinking about buying a SparQ this weekend.