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

To: sheila rothstein who wrote (39300)	12/10/1997 9:02:00 PM
From: stock bull	Respond to of 58324

Yes, at this time I'm still a bull on IOM. Regarding the stock split. When the split takes affect, the number of shares that you will own will double and the price will be cut in half. Therefore, the value of your investment will be unchanged. I think IOM has something in the order of 130 million shares outstanding. This number will go to 260 million shares. In order to get a meaningful movement in the stocks price, you will have to move twice the number of shares as before the split. The explanation that I just presented is an approximation. That is, you don't have to double the trading volume after the split in order to get the same price change as before the split. But, it will take more volume to move the stock after the split. Stock Bull