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Technology Stocks : CyberCash a buy? -- Ignore unavailable to you. Want to Upgrade?


To: majormember who wrote (2630)1/8/1999 6:49:00 PM
From: Paul Weiss  Read Replies (2) | Respond to of 3990
 
Skane-- one other factor that I find interesting is the lack of institutional ownership of CYCH stock. The data I looked at gave a figure of about 5% ownership. Peter Lynch suggested investing in quality companies that are overlooked by the sheep, err, I mean fund managers. The idea is that once it catches their attention, it generates an element of demand. Companies that are heavily weighted with institutional ownership have the opposite potential, i.e. the institutions could create a sharp sell-off if they sold en masse. Of course this all pretty simplistic, but simple is something that I can follow. Regards, Paul