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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Gary Wisdom who wrote (33141)	10/23/1997 4:34:00 PM
From: Gary Wisdom	Read Replies (3) \| Respond to of 58324

Some food for thought . . . Of course, this is assuming the market as a whole doesn't go in the dumper . . . 1. Institutional ownership increased from 10 to 15% in last month. That's 6.5 MM more shares in the hands of professional investors and out of the hands of idiots. 2. Those above numbers probably don't include any trading from the past 2 weeks at a minimum. So, add another net 6 MM shares at a minimum (I'm guessing from the number and size of blocks on buy side). 3. So, now institutional ownership might be around 20%. Less supply = higher price (all other things being equal). Now, with a couple of upgrades, demand will increase. Higher demand, lower supply = $35/share Make sense to anyone??????