ALLIED RESEARCH (AMEX:ALR) LOW P/E WITH EXPLOSIVE GROWTH Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : ALLIED RESEARCH (AMEX:ALR) LOW P/E WITH EXPLOSIVE GROWTH

ALR 50.99

0.0%

Oct 19 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: stockvalinvestor who wrote ()	10/15/1998 11:03:00 AM
From: NewsTrader	Read Replies (1) of 37

(NewsTraders) -- Lionheart Group Inc. boosted its stake in Allied Research (ALR) to 6.7% and disclosed it has held talks with the firm's management concerning the direction of the company, according to an amended Schedule 13D. Lionheart said it has requested a seat on the company's board of directors and made a number of suggestions to the firm's management, including the following:  Conducting a review of the company's strategic direction to implement a strategic plan that considers acquisition opportunities and possible divestitures;  Appointing the current President and CEO to the board of directors; and  Adding new finance executives to strengthen the finance department. Lionheart purchased 78,400 shares at prices ranging from $6.50 to $8.00 per share between 9/15/98 and 10/13/98, and currently holds 319,388 common shares.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next