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Microcap & Penny Stocks : Luminart - LUMNF, LUMN-T

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To: Kit H. Lou who wrote (22)9/3/1996 9:34:00 PM
From: Michael Carey   of 329
 
Heartland Value Fund out of Milwaukee Wi owns 1.3m shares of Luminart.
I thought you might find that of interest. I'm sure you are already aware of the Westergard site which has featured Luminart? Anyway, Heartland Value looks for small cap special situation and undervalued companies. I like to check out their portfolio as well as other small and microcap funds to get ideas and see what the "big boys" are buying. I figure they can do better due diligence than I can. The one down side is you don't get a sell signal, only an indication of ownership. By the way, Heartland sold no shares in Luminart between 12/31/95 and 6/30/96. I'll have to check out the rest of Luminart's thread when I have more time.
Mike
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