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

To: Herb Fuller who wrote (51954)	4/4/1998 2:39:00 PM
From: Philip J. Davis	Respond to of 58324

Herb, >>What effect if any does a very large bid , take all or none ,have on the trading ?<< Sounds like possibly short covering to me. Philip

To: Herb Fuller who wrote (51954)	4/4/1998 5:42:00 PM
From: slipnsip	Respond to of 58324

"What effect if any does a very large bid , take all or none ,have on the trading ? " You are hitting the nail on the head with they psychological aspect. That bid can be removed as fast as it is published. With or without any shares changing hands..... Other than for traders trying to gauge minute by minute 1/16 or fluctuations, it has little value for anyone else.

To: Herb Fuller who wrote (51954)	4/4/1998 6:27:00 PM
From: Rational	Respond to of 58324

Herb: It is unlikely that the last trade price will go below the bid price of a large block while the block is still unfilled because while such an unfilled bock awaits, the specialist must buy all shares (fewer than the current bid size) being offered at this bid. It is unethical for a specialist to fill a sell order at a price lower than the current bid (unless the current bid size is smaller than the offer size when the bid drops). However, sometimes the specialist accepts an offer at a price lower than the current bid (out of greed) when, for example, a small investor (who does not watch the true bid and ask prices on real time or depends on a faulty "real time" data stream like Datek) makes the offer at a price lower than the current bid. Then, the specialist enters a different time for the trade, generally, at the end of the day. Especially, in NASDAQ, MMs do this all the time and enter such trades at the end of the day -- while the execution system displays the last trading price accurately. Sankar

To: Herb Fuller who wrote (51954)	4/4/1998 11:11:00 PM
From: Herb Fuller	Read Replies (2) \| Respond to of 58324

All , Re:>>> comment about Iomega <<< ==================================================================== Well, margins have to be tended to. Margins can lead managements down some pretty dubious paths. Iomega (NYSE:IOM - news) serves as a good example. Its recent strategy of goosing demand with marketing was supposed to generate "X" in sales, "Y" in operating profits, and "Z" in net income. Voila! Sweet bottom-line growth. Margins don't work that way, though. By their very nature, margins are the result of some line of profit divided into sales. If the sales don't materialize and you've tried to push demand past its natural point of market equilibrium, your margins go straight to hell. The Zip storage system is an insanely great technology, but you've got to have the right strategy to turn the technology into cash flows. fnews.yahoo.com ==================================================================== This is only part of the Iomega story IMO . This news don't address the drop in sales that the box makers are having at this time. This I believe is effecting Iomega bigtime . I have also read that MSFT and Win 98 will move the computer industry to a new level in the 3rd and 4th quarters . Herb