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Microcap & Penny Stocks : Bentley Pharmaceuticals (BNT)
BNT 46.81+0.3%Dec 26 9:30 AM EST

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To: Roger Greene who wrote ()1/4/1998 3:03:00 AM
From: Robert Williams  Read Replies (1) of 17
 
Roger,
Your analysis appears right on target. The company certainly seems undervalued when compared with its peers in the pharmaceutical industry. A clear indication of the growing recognition for developments that are underway is the increase in institutional and insider investment. A recent edgar filing indicates that Dreyfuss (of the Dreyfus family of mutual funds) has purchased more than 5% of the outstanding stock in the last few months. In addition, another filing states that Michael McGovern, a new appointee to Bentley's board of directors, has also acquired approximately 10% of the outstanding shares. The press release that accompanied the filing suggested that McGovern's credentials are impeccable. It stated that he is a CPA as well an attorney and that he sits on several other boards. It would seem only a matter of time before Bentley becomes more properly valued.
Best Regards,
Robert Williams
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