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Technology Stocks : Aladdin Knowledge Systems (ALDN)

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To: E Newman who wrote (176)2/17/1998 10:00:00 PM
From: Julio P. Antelo  Read Replies (1) of 351
 
"E" thanks for posting that link.

I did look it up and all I can say is what Butch Cassidy and the Sundance Kid kept saying about the posse they couldn't shake off and kept chasing them: "Who are those guys?" Is anything known about their investment style? I sure hope it's "Buy and Hold and Hold and Hold".

According to that SEC document, these guys own 1.36 million shares. You know, during the 20 trading days in January exactly 658,700 shrs. traded hands or an average of about 33,000/day. That means these guys own about 41 days of stock supply! If they ever decide to sell... well let's just say it could get ugly. On the other hand, they must have a lot of faith in the company, or be extreme risk takers, to accumulate 13.5% of the outstanding shares. Julio
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