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

To: Gary Wisdom who wrote (33939)	10/29/1997 10:46:00 AM
From: Linda Pearson	Respond to of 58324

Gary, you're right...$100! What was I thinking! If Greenspan talks for another 2 weeks straight we'll get there...... Linda I need a new pair of shoes $$$$$

To: Gary Wisdom who wrote (33939)	10/29/1997 10:46:00 AM
From: Gary Wisdom	Read Replies (1) \| Respond to of 58324

Guess what's happening today? Maybe, our time has finally come. Consider this: O/S shares: 130 MM Float: 87 MM Today's action: Price going up on relatively benign volume Could it be that finally the # of shares in the hands of traders is diminishing and the number in the hands of long term holders (institutions) is finally at the point where supply is low? If so, we can expect some very good price appreciation over the next several weeks. Keep in mind that with 4 MM shares trading each day, there has to come a point, as long as we're seeing institutional interest, that the active float is so low that the selling pressure subsides substantially. Just a happy thought for the day.