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Non-Tech : Any info about Iomega (IOM)?
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To: Rocky Reid who wrote (45022)1/23/1998 5:43:00 PM
From: Chucky  Read Replies (1) of 58324
 
guru Rocky, help me understand:"The money rushing in is undoubtedly individuals picking up the last of the big Institutional see ya' later."

I was under the impression that the individuals were the weak hands that couldn't produce any volume. What gives?

"Individuals get frustrated and bail a lot quicker than Mutual Funds."
Message 3221696

So are you implying the individuals had tbe nerve and the ability to absorb the 47.4M shares that traded today? Are the indiviual investors no longer weak hands easily shaken. If they can buy that many shares, and the institutional holdings are once again depleted, I might be pursuaded to pick up a few more shares on the chance the weak handed institutions will want to jump back in.

Later
Chucky
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