<<Im disapointed in SPOR and myself for my poor trading of the situation.>>>
Curious by your comment. I am still holding SPOR and may add more if the price drops a bit more. What are your thoughts about the company?
JOB
For anyone holding JOB, an interesting 13d filing from Daniel Zeff was filed on September 28, 2005:
Exhibit 2 Expression of Interest
[Zeff Capital Partners Letterhead]
September 23, 2005
Mr. Herbert Imhoff Jr. Chairman & CEO General Employment Enterprises, Inc. One Tower Lane, Suite 2100 Oakbrook Terrace, IL 60181
Dear Mr. Imhoff:
As you know, Zeff Capital Partners, LLC ("Zeff Capital") currently owns 511,680 shares of General Employment Enterprises ("JOB") which represents approximately 9.94% of JOB's outstanding stock. We believe that JOB's stock is undervalued and will remain so until JOB engages in a strategic transaction.
Accordingly, Zeff Capital, on behalf of affiliated investment funds, requests that the Board of Directors of JOB either increase its poison-pill threshold to 20% to allow Zeff Capital to purchase more shares, or explore a sale of the company to Zeff Capital or another larger institution. We are committed to helping shareholders realize the increased value that would result from such a transaction and hope to work with JOB's board for the benefit of all shareholders. I also want to let you know that we are subject to applicable securities disclosure requirements.
We look forward to hearing from you.
Very truly yours,
Daniel Zeff Managing Member
sec.gov
I continue holding JOB and may purchase more shares if the price settles down a bit.
For any holders of ELSE, Daniel Zeff has been a purchaser of that company as well:
insidertrading4u.com
I know nothing about Daniel Zeff but do like his penchant for helping shareholder realize increased value. |