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

To: stock bull who wrote (41979)	1/2/1998 1:40:00 PM
From: slipnsip	Respond to of 58324

< 2) With about 260 million outstanding shares (after the split), it will take institutional buying to drive the stock up.> Bull, I thought I walked you through this allready. You seem to insist that there was some material impact on the valuation of IOM's stock post split vs pre split. It will not take any more institutional buying to drive this stock up or down now that it has split vs prior to it splitting. Yes more shares will need to be bought, but amount of capital expenditure would be the same. If anything, it would move up more easily in my opinion after the split. If the amount of capital institutions were willing to expend stayed equal, the lower share price would make it easier for the individual to buy in. People still like to buy stocks under $20. Don't ask me why.. Guess it sounds better to own 200 shrs vs 100. Oh Ya, by the way. There is NO DILUTION with a stock split.