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Technology Stocks : AFCO: Applied Film, Undiscovered Gem?
AFCO 8.6500.0%Jul 10 5:00 PM EST

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To: John Finley who wrote (164)4/3/2002 8:00:05 PM
From: SemiBull  Read Replies (1) of 238
 
RS Investment Liquidates Metawave Communications Stake From 7.74%, Increases Stake in AFCO to 13.6%

WASHINGTON -(Dow Jones)- RS Investment Management Co . reported on Wednesday changing its stake in several companies.

RS Investment liquidated its holdings in Metawave Communications Corp. (MTWV), according to a filing with the Securities and Exchange Commission. Previously, RS Investment reported owning 4 million Metawave shares for a 7.74% stake as of Dec. 31 .

RS Investment reported raising its stake in Applied Films Corp. (AFCO) to 13.6%, or 947,750 common shares, from 3.32%, or 328,500 shares.

RS Investment also liquidated its holdings in 1-800-Contacts Inc. (CTAC). On Dec. 31 , RS Investment beneficially owned 562,700 shares for a 4.86% stake.

Also, RS Investment raised its stake in RMH Teleservices Inc. (RMHT) to 11.1% , or 1.1 million shares, from 4.27%, or 575,625 shares.

-Todd Goren, Dow Jones Newswires; 202-628-9782; todd.goren@dowjones.com
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