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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Daniel Chisholm who wrote (8114)8/31/1999 6:27:00 PM
From: Freedom Fighter  Respond to of 78822
 
Daniel,

I sold my shares (27 15/16 I think) the day the vote was successful a couple of weeks ago so I stopped reading the news. Last I saw was that the family was successful in its bid at $28.85. All that remains as far as I know is coming to market for the financing to close the deal. I have no timetable on that. I left the crumbs on the table because I felt the family did everything possible to screw the shareholders and it wouldn't surprise me if they took their time some more. I made money on the investment, but less than I was expecting because the deal took longer than I thought to get done. Considering I didn't have any better ideas, I'm not too upset. The money would have been sitting in teasury bills otherwise.

Wayne