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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?

To: Cogito who wrote (5055)	12/11/1998 12:02:00 PM
From: Senthil Sankarappan	Read Replies (1) \| Respond to of 10072

RE: IOM and addiction J.D and Allen, I think you guys brought a very important issue here. I think the main reason for individual investor's addiction for IOM is due to the cheap price with which the stock trades (single digit to < 20) and also it is volatile attracting traders. Take the case of CSCO or MSFT, they always look expensive and also too boring (they always go up ;-). So, indv investors don't face challenge from the proven stocks. Indv investors like to gamble while institutions go with standard ones (even if they go for small stocks, their over all % will be negligible). This explains why IOM has only 8% institutional support and it is mostly a small investor stock. All these might change though, as IOM proves itself with consistant numbers. Atleast i hope that this is the case so that IOM attracts some long term investors and not just traders alone. In fact, it is a major -ve if this thread is less logical and more HYPE/dream oriented. Any potential long term investor will be ticked off by that. hoping things will get better and the curse for IOM will be over ;-) -senthil