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Technology Stocks : Identix (IDNX)
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To: R. Jaynes who wrote (14580)8/27/1999 12:42:00 AM
From: David  Read Replies (1) of 26039
 
First, we want to see institutional ownership increase. It is a vote of confidence in the future of the company and lends some stability, or at least a floor, to the stock price . . . as does inside ownership. Check the major corporations and you'll see institutional ownership has majority control. It's also protection against a predatory takeover offer. The institutional managers won't sell out for too low a price.
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