Here is a news story from a couple of months ago that is important because
it shows the institutional that this stock holds. I agree that 6 1/2 is
a big resistance level but when we pass 6 1/2, 9-10 is likely to be next target,
Tuesday May 6 6:08 PM EDT
Company Press Release
Lindner Growth Fund discloses increased Fiberstars
holdings
FREMONT, Calif.--(BUSINESS WIRE)--May 6, 1997--Fiberstars Inc. (NASDAQ:FBST) has
been notified via SEC Form 13-G that the Lindner Growth Fund and Ryback Management Corp.
have increased their holdings of Fiberstars common shares to a total of 353,600 shares (10.36% of
Fiberstars common shares) as of April 23, 1997.
Of the total, 336,100 shares (9.84%) are held by the Lindner Growth Fund, and 17,500 shares are
managed by Ryback Management Corp. Lindner Growth Fund is a separate series of the Lindner
Investment Series Trust.
Ryback Management Corp. had previously disclosed a position of 288,100 shares (8.46%) as of
Dec. 31, 1996, held by the Lindner Growth Fund.
Fiberstars is the world's leading supplier of fiber optic lighting systems. Fiberstars markets products in
the Pool & Spa market, in the Commercial Lighting market, and for the medical treatment of jaundice
in infants through an OEM arrangement with Healthdyne Technologies.
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More news for referenced ticker symbols: FBST, and related industries: computer, medical. |
