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To: Paul Senior who wrote (9851)2/2/2000 2:52:00 PM
From: cfimx  Read Replies (1) | Respond to of 78481
 
A company that has been discussed here, Steelcase, made an announcement yesterday. A majority shareholder was said to be "exploring options." SCS immediately ran up, but today, alas, it has given up much of the gains. YOu may recall that Knoll did a leveraged buyout in 1999 so there is precedent for this. Steelcase just went public in 1998, and in Ralph Lauren like fashion, proceeded to go straight down the tubes.



To: Paul Senior who wrote (9851)2/3/2000 7:19:00 AM
From: Wallace Rivers  Read Replies (1) | Respond to of 78481
 
Paul;
Any thoughts on RBMG at this point? I had a discussion with a broker the other day, he feels the dividend is secure. It still has an $11 book. New bigshot has been hired to be CEO, I guess he has great credentials. Looking for opinions, have no position.
Still, the operating environment probably ain't great.



To: Paul Senior who wrote (9851)5/25/2004 3:06:45 PM
From: Paul Senior  Read Replies (2) | Respond to of 78481
 
Fwiw, I'll take today's price rise in THX as an opportunity to trim some of my few shares.

Keyspan tried to shop their majority position in THX a few years ago at what they considered a fair price (in the $24-27 range) but there were no takers, and the stock of THX languished (under $20) for some time. Now that THX stock is much higher, Keyspan is doing a swap with THX to reduce its stake in THX. I don't understand the deal; it seems quite complex to me. The market likes it though because THX shares are up sharply today.

biz.yahoo.com