Please ignore my disjointed post above. Read This one. I cut and pasted it in Word Perfect for spell check and it pasted back wrong.
Here is some info on the BK from the second largest shareholder of the Company from the Yahoo board. With his two purchases totaling some 150,000 shares yesterday, he now owns some 2.3 million of the 2.9 million share float.
He has been a very strong supporter of the Corporate Strategies proposed Rights Offering. Note that he is so confident in this Rights deal that he is advancing a million dollars of his subscriptions so that the Company can continue its growth while waiting for the registration and offering to be completed.
His most recent 13d filed some ten days ago, which the Company has in its possession, expressed some 1.8 million shares owned.
This individual is a Ph.D. senior international economist with Caterpillar International, based in Geneva. He was a professor of Economics at, I believe, the University of Hartford, the University of Paris, and served as an advisor to George Schultz in the Reagan Administration. He discovered this stock back in March when he was lurking on the CPQ board and a spam about the first quarter earnings showed up. At that time he held a half million shares of CPQ which he sold several weeks ago.
A earlier post from him on Yahoo yesterday, states that he has been liquidating his total portfolio, except for TGSK, over the last few weeks. His last position was liquidated on Tuesday. His decision to go to all cash, was predicated on a report that he completed and submitted to Cat several months ago about the serious problems that he was forecasting in Russia and its possible effects world wide.
His most recent 13d filed some ten days ago, which the Company has in its possession, expressed some 1.8 million shares owned. The SEC will not have it in their files until the Form 10 is filed sometime next week. And the Company is fully reporting.
This individual is a Phd senior international economist with Caterpillar International, based in Geneva. He was a professor of Economics at, I believe, the University of Hartford, the University of Paris, and served as an advisor to George Schultz in the Reagan Administration. He discovered this stock back in March when he was lurking on the CPQ board and a spam about the first quarter earnings showed up. At that time he held a half million shares of CPQ which he sold several weeks ago.
A earlier post from him on Yahoo yesterday, states that he has been liquidating his total portfolio, except for TGSK, over the last few weeks. His last position was liquidated on Tuesday. His decision to go to all cash, was predicated on a report that he completed and submitted to Cat several months ago about the serious problems that he was forecasting in Russia and its possible effects world wide.
From this and later posts yesterday. He has made it quite clear that he considers the bankruptcy a "Dead Issue". It was a private issue and has absolutely nothing to do with this Company or its current business relationships.
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