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

To: Rocky Reid who wrote (44181)	1/21/1998 2:56:00 PM
From: Cogito	Read Replies (1) \| Respond to of 58324

>>IOM has a history of (in order): pre-earnings rally, stagnation, individual frustration, and bailing soon after earnings. It is this reason I am getting out while the getting is good.<< Rocky - You can repeat this and repeat it, but that won't make it true. One look at the chart shows this is false. - Allen

To: Rocky Reid who wrote (44181)	1/21/1998 3:56:00 PM
From: Chucky	Read Replies (1) \| Respond to of 58324

Rocky, "it is the Mutual Funds who can really take a stock into the stratosphere." You have a point there, and since IOM still has a relatively low percentage of institutional ownership (~20%?), there is plenty of room for big buyers. And if the little guys hold, the institutions will have to bid up the shares to get them. "I believe it is individuals who are driving up the price right now (evident by the low volume and small trading blocks). Individuals get frustrated and bail a lot quicker than Mutual Funds." I always thought individuals were less likely to trade, hence the smaller volume. If the individuals own all the stock, and they are all bailing, how come there isn't a lot of volume? Who is holding all the stock? "IOM has a history of (in order): pre-earnings rally, stagnation, individual frustration, and bailing soon after earnings. It is this reason I am getting out while the getting is good." "individual frustration" Is that the reason you are getting out of the stock? Later Chucky

To: Rocky Reid who wrote (44181)	1/21/1998 4:05:00 PM
From: vc21	Read Replies (2) \| Respond to of 58324

Very interesting: Rocky blessed us with these words in post 44181: >>>IOM volume is still nowhere near its pre-split adjusted average. Remember, it is the Mutual Funds who can really take a stock into the stratosphere. IOM's lack of volume combined with its low price does not make it a very interesting candidate for these Institutions. I believe it is individuals who are driving up the price right now(evident by the low volume and small trading blocks). Individuals get frustrated and bail a lot quicker than Mutual Funds.<<<< OOPS. I think you spoke too soon Rocky. Fidelity Select Computers Portfolio Top Ten Holdings as of 12/31/1997 DELL COMPUTER CORPORATION EMC CORP QUANTUM CORP CISCO SYSTEMS INC IOMEGA CORP INTL BUS MACH CORP XEROX CORP SUN MICROSYSTEMS INC LINEAR TECHNOLOGY CORP CERIDIAN CORP 48.0% of the portfolio