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Technology Stocks : Viatel (VYTL)
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To: LuckyIrishMan who wrote (39)3/6/1998 1:37:00 AM
From: blankmind  Read Replies (2) of 157
 
One thing that concerns me is that this company is 31% held by institutions, any comments? Usually anything over 30% held by institutions is considered to be overheld. - joe caruso

i have never heard this, actually i learned the larger the institutional holding the better. institutions do not buy and sell, but hold and keep the stock from sharp fluctuations by limiting the shares that can be traded, and thus helping to create a demand.
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