Any info about Iomega (IOM)? Message Board

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

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To: the Druid who wrote (41468)	12/24/1997 12:33:00 PM
From: Rocky Reid	Read Replies (4) of 58324

>>I thought that the split will create more up and downs,<< Why would you think that? There are twice as many shares now, so the price will have a harder time moving either up or down. Many big institutions do not invest heavily in stocks that are under $20. Iomega undoubtedly realizes this, as Institutional Ownership of IOM stock has never really happened. So, why not keep the price down, so Individual suckers will think it's "cheap," or "on sale?"

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