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Strategies & Market Trends : Associated Group - AGRPA
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To: Christopher J. Vineis who wrote (2)10/17/1996 11:55:00 PM
From: Robert Lawkins   of 19
 
Chris,

Thank you for your reply. I did happen to be aware of that fact when Alex Mandl jumped ship from AT&T to go to Associated Communicaions. AGRPA is, I think, an owner in some interest in Assoc. Comm. not to mention other interests.

The stock (AGRPA) popped after Mandl aligned himself with Assoc. Comm. I looked at some reports on AGRPA and thought that it might be a bit "overvalued" with a lot of exotic telecom interests with very high valuations. I shorted it, covered and made a very few bucks, when I thought that their equity in these telecom interests is very much a long term play.

I thought it might be along the lines of a John Scully and Andrea Electronics. Me thinks I leaped before I looked.

Thanks and good luck,

Bob Lawkins
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