Listened to the Radio Wall Street Interview of 9/14/99 for the first time....quite interesting....too much to highlight here, but provides a very good overview of ELBO.
vcall.com
Did review status of Institutional ownership today and thought I post. Interestingly all three sources (Stock Smart Pro, CDA Invest and Yahoo) I used provided conflicting data;
From StockSmartPro
total shares 20.2mil
Institutions 3,198,530 (15.85%)
Mutual Funds 1,121,500 (5.56%)
Insiders Kim Trust 13,919,000 (68.98%)
Insiders others 7,500 (.04%)
CDA reported a total of 4.5 mil institutional and mutual fund owners for 22.3% of the total outstanding.
Lastly Yahoo reports the float at 5.6 mil on 20.2 mil shares that I figure to be around 6.3 mil.
In summary;
Insider (Kim trust) 13.9 (70%)
Institutions 4.3 - 4.5 mil (21.2-22,2%)
Public 1.8-2.0 mil (8.9-9.9%)
As the above data is as of 9/30, It's interesting to note that was the high close of the year (25.75/share) and for the 3rd qtr institutions increased their ownership by 340,000 shares compared to the 2nd qtr.....a fact I see as very bullish on ELBO
Best Regards,
Mad2 |
