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Non-Tech : Any info about Iomega (IOM)?

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To: Robert Skinner who wrote (24444)6/5/1997 2:19:00 PM
From: Herb Fuller   of 58324
 
Robert , Re: I'm thinking the shorts that are left are real hard core <<<

Robert , do you think the shorts will hold on till Iom get's to $38 . Good I'd like that .

The one thing that has not been addressed as yet is where is the mutual fund representation at as far as Iom is concerned ?

It is my understanding that the large funds have a problem in the purchase of equities of less than a 2 billion cap. and a price of less than $20.00 .

When they purchase the smaller than 2 billion cap . issues they move the market too much and it's hard for them to get out when they want to .

That being the case Iom has just met the above level that the large funds would enter at .

Is this the activity that we are seeing ?

Herb
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