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

To: Michael Mostov who wrote (46074)1/28/1998 7:55:00 PM
From: Linda Pearson  Respond to of 58324
 
MM,

<I wonder if big institutions have mandatory stop orders.>

I do believe that this varies...some have automatic stops, others have parameters that they follow as far as a desired stock to hold. If those change, they sell the stock even if the companies' future is bright. Again this is the STOCK vs. COMPANY syndrome.

It appears that the parameters had changed Thursday afternoon...at least for some. For others, it now fits the bill (not THAT Bill).
;)

Linda



To: Michael Mostov who wrote (46074)1/28/1998 9:28:00 PM
From: slipnsip  Respond to of 58324
 
<I am actually more curious to find out who's buying right now and for what purpose.>

I Added today..... The reason? Capital gains.


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