An email from another holder who asked me to post his information. His email address for those who are interested is Mdekler@aol.com.
His message---
Hi... Can you post this to SI for me? I haven't paid my membership fee yet.. thanks! Mike
For all the people who own this stock and atually care, i have some info that might interest you. Apparently there are several institutional holdings in this stock. I work as an assistant at a brokerage firm and therefore have access to whats called the Bloomberg computer. This is basically an online source of info on companies..you can get an enormous amount of research on it. Well anyway, I took a look at AETTQ yesterday, trying to find more reasons to assure myself that my buying it was a good idea and this is what i found. There were over 30 institutions that owned this stock at one time. Naturally, some of them sold off when the price went down. But surpisingly, there are still 8 or 9 places that still own it. SOme of them even have very sizable positions and aren't showing any intention to sell. I'm not sure if it's ok for me to list the actuall names and i don't feel like getting in trouble for this, so I'll just list their positions:
1.) 895,800 shares 2.) 325,800 3.) 272,219 4.) 92,800 5.) 40,700 6.) 20,000
These are just a few of them. Most of them may not be recognizable to most but I can tell you that number 1 is a fairly popular investment company, and number 6 actally just added this position recently (as of 9/97). And out of the others, none of them have sold off any shares since their last filing. So basically, i think it's clear that there is still very good interst in this stock from some people who actualy know what their doing. I for one feel a lot better... I think I'll buy some more.. :)
mike |