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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?


To: N4ZQ who wrote (7832)3/1/1999 7:39:00 PM
From: David S.  Read Replies (1) | Respond to of 10072
 
Angier, The spread is the profit brokerages get for making a market in a stock. With low volume and/or volatility they widen the spread to put food on their table, with high volume, they can take a thinner slice to get the same amount or more moola. All the small to mid cap high tech stocks have been suffering from a lack of interest/low price for the last 3 to 6 weeks, particularly the computer related stocks. Even the biggies are hurting. My Intel is down about 25 points from high, Dell about 30, and so on. What can you expect from IOM in the absence of dramatic news? Patience is the key this quarter.

Regards, David S.
INTC DELL HD KO WCOM LU IOM ZD ANSC (FORMER AWEB) UNPH



To: N4ZQ who wrote (7832)3/2/1999 12:38:00 AM
From: gil schmidt  Read Replies (2) | Respond to of 10072
 
<<Any thoughts on why the spread on IOM has increased to 1/8th?>>

To my eye, more interesting than the spread (not to mention VERY low volume) was the incredible option volume. IOM May 5 puts were, by a LOT, the number one put option traded today. Some 15,000 contracts in fact. Traded at about 1/2. To me, this incredible option volume has a message. What is it? Gil