IMPCO Technologies (IMCO), formerly AirSensors (ARSN) Message Board

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Non-Tech : IMPCO Technologies (IMCO), formerly AirSensors (ARSN)

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To: Jim Oravetz who wrote (121)	12/24/1998 5:35:00 PM
From: Edward Larkin	Read Replies (1) of 298

When Questor acquired the stock last year those shares became essentially restricted because they became a control party (own over 10% of the stock) per SEC rules. As a consequence they have to file 144's and Form 3's and 4's from now on if they desire to sell, or else they have to get IMCO's board to agree to file a registration statement on their behalf, which there is no indication of. The day they bought the stock they paid market price, which I believe was $13.50 at the time, there were competing parties (possibly BERU). Questor's initials (SBS) stands for Side by Side, which is an indicator that they intend to work closely with management to maximize corporate value. One of Questor's general partner is Dan Lufkin who was the founder of Donaldson Lufkin with another being Ed Scarff who was a major muck (I believe that he was the president) at Transamerica. Beru has been sucking up the weakness in the stock and trying to flush stock out of some of the old investors in the stock. BERU became aware of IMCO due to their both being suppliers to Perkins.

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