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


To: Gary Wisdom who wrote (41790)12/31/1997 4:19:00 AM
From: Brian Cunningham  Read Replies (2) | Respond to of 58324
 
I don't get this tax selling explanation for IOMs retracement. Since IOM is up nicely for the year, particularly when it was at 30, taxes are a disincentive to selling. Seems more like profit taking, market and disk drive group jitters, and just plain technical movement to me.

Also, I can't help but think much of the volatility is due to the high percentage of small investors in this stock. The fundamentals and price are excellent here. My feeling is that on the next cycle up the institutions are going to be happily taking many shares from the little guys.



To: Gary Wisdom who wrote (41790)12/31/1997 6:09:00 AM
From: KM  Respond to of 58324
 
Gee, what a refreshing change. Someone doing some hard research instead of a bunch of name calling and bellyaching. We can't have too much of that around here - might get spoiled.

:)

Thanks for your efforts. Interesting results and I think your conclusions are right on the money.

BTW, In the spirit of New Year's Eve, I'll ignore that shot about the chart <ggg>



To: Gary Wisdom who wrote (41790)12/31/1997 10:51:00 AM
From: Spank  Read Replies (2) | Respond to of 58324
 
in for more fun at 12 3/8... (eom)

-Spank



To: Gary Wisdom who wrote (41790)12/31/1997 5:53:00 PM
From: ben luong  Read Replies (1) | Respond to of 58324
 
Can you list the institutions and how many shares they hold here?