Speizman Industries (SPZN) Message Board

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Non-Tech : Speizman Industries (SPZN)

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To: Nutty Buddy who wrote (15)	2/25/1998 12:05:00 PM
From: Christopher Brainard	of 21

Intersting news on todays trading. Was talking to my broker today (Herzog) and he mentioned there was a 25,000 share block on the sell side available. A couple minutes later I say the block trade at $6.625 and resold at $6.75. My guy said that Herzog was shopping the block to Fidelity but he was not sure if Fidelity was the buyer. Makes sense to me that Fidelity could be the buyer. Someone has been taking a BIG position in the company. Remember the 50,000 shares trading at the bid yesterday. If it is Fidelity as the buyer, they might soon have to report a 5% or greater position in the company. Can you imagine what this SEC filing might do to the company! Might just make a few bucks on this stock this year. Just thought you might be interested. Chris ...

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