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

To: Rocky Reid who wrote (48739)	2/24/1998 8:13:00 PM
From: Senthil Sankarappan	Read Replies (1) \| Respond to of 58324

>>Please post the link to your source of information regarding Institutional Ownership of IOM.<< Hmn... i don't have a link but i use Discover brokerage and in that i checked Zacks info for IOM. It sez institutional holding as 26%. i guess earlier it was 14%. Also, judging from today's action and all (so many big blocks took the price to above $9), it should be the institutions in action. Overall, i see the whole board (also MF) very bearish/afraid and most are selling. So, my conclusion is that shares are going away from individuals to institutions which is what IOM wants desperately. It needs to get more and more respect from institutions for the long term appreciation. it will be nice if 50% shares are held by institutions. After 22%(?) internal holding, there should be less shares available for trading. That's the way to gain some respect for IOM. -senthil