Andersen Group, Inc. makes passive investments in certain US-based financial institutions and in the securities of Russian and East European companies. The Company historically has made investments in companies that operated in several highly diverse segments, and which required extensive management participation in operation and restructure. These segments have included dental distribution and manufacture, electronics manufacturing and supply businesses, ultrasonic cleaning equipment, communications electronics, medical products and services and video products. More recently, however, the Company has increased its level of investments that do not require extensive management participation. Andersen intends to continue to make minority, non-controlling investments in the future. The Company's primary investment, which accounted for approximately 70% of its total consolidated assets, was The J.M. Ney Company, which was sold effective February 28, 1998.
This is an investment company, not an installer/operator.
This is from the profile on yahoo. This stock will collapse back tp single digits in a few days when the daytraders are done with it...just like all the rest of the 'Joe Kernan-CNBC" pump and dump plays......;IMHO....;^) |
