Here is what I currently have on ownership of stock:
Shares Held by Insiders, Funds and Institutions
Top Institutions...............Report Date......Shares Held.....Percent Held
WELLINGTON MANAGEMENT.........12/31/97..........397,000............6.62%
OBERWEIS ASSET MGMT INC.......12/31/97..........113,600............1.89%
MUNDER CAPITAL MGMT. INC......12/31/97..........92,700.............1.55%
FIDELITY MGMT & RES CORP......12/31/97..........37,800.............0.63%
GRUBER & MCBAINE CAP MGT......12/31/97..........15,600.............0.26%
Top Funds.................
FIDELITY LOW-PRICED STK.......7/31/97...........149,600............2.49%
FIDELITY ADV STRAT OPPTY......11/30/97..........105,400............1.76%
OLSTEIN FINL ALERT FUND.......12/31/97..........99,600.............1.66%
OBERWEIS MICRO-CAP PTF........06/30/97..........65,000.............1.08%
MUNDER SMALL CAP VAL FD.......06/30/97..........20,000.............0.33%
Total Funds and Institutions..................1,096,300.....
Orbit-Alchut Technologies.....................3,700,000....
Total Closely held............................4,796,300
Issued (as of 31 Dec 97)......................6,000,000
Shares issued-AEMI Acquisition...................72,969
Dilutive Effect of Options (Sep 97).............280,875
Balance.......................................6,353,844
Current Float.................................1,276,669
Current float excludes dilutive effect of options.
The dilutive effect of options is not current, but I don't have
the new figure yet.
Nevertheless, the float indicates in part why average volume is so low.
By the way, current estimates for the next quarter are at 0.15-0.16 per share.
regards,
Louis |
