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Technology Stocks : Kollmorgen (KOL)

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To: stock 51 who wrote (2)8/2/1997 12:38:00 AM
From: John Stichnoth   of 11
 
Read recently that Gabelli(am I remembering this right?) has upped his
stake in KOL. Maybe it's from the same Barron's article. These might explain the
recent runup in the stock price.

What a lonely thread for such a nice company!

By the way, the convertibles I mentioned earlier have a conversion price of $34.35.
A bit out of the money--a large bit--but they still offer a pretty reasonable return.
And not so far out as they were a week ago, given the nice little lift the stock
has made.

js
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