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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Joseph Waligore who wrote (14048)8/18/1999 2:51:00 PM
From: SuperValu  Respond to of 108040
 
VLVT . . . Sounds like a good one to stay away from. No curb appeal as well.

SV



To: Joseph Waligore who wrote (14048)8/18/1999 4:41:00 PM
From: Investor Clouseau  Respond to of 108040
 
To: Investor Clouseau (11554 )
From: Investor Clouseau Wednesday, Aug 18 1999 4:33PM ET
Reply # of 11558

spoke to Barry Kaplan regarding Veltex Corp. (VLVT). He said VLVT took over the CSMA shell the beginning of June. No dilution going on. He also informed me that Mr. Matin told him they would be filing with the SEC within about 2 weeks.

The company they are looking at acquiring is in South Carolina and he believes they have contacts with JC Penney. VLVT plans on taking the looms from South Carolina to Bangladesh where labor is much cheaper.

CEO Javeed Matin (213)627-9194

Barry Kaplan (732) 747-0702

good luck to all,
IC, long VLVT; not a buy recommendation