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

To: rjm2 who wrote (11570)	12/11/2000 9:49:14 PM
From: valueminded	Respond to of 78702

RJM2: On a first look, SPAN looks interesting. It looked familiar and after reviewing It had come up on a value screen I had run before. Havent bit yet, but I am adding to my watch list and will evaluate in more detail. RAGS is a definite no-no for me. I have no doubt about the "value play" end, but it has waaay to much insider ownership for me. I have been burned b4 waiting for stocks to reflect their intrinsic value when >50% ownership is controlled by insiders. Also, it appears that some level of nepotism at the officer level ? Yes/No. Keep up the great posts. Any feedback on HKF ? thanks

To: rjm2 who wrote (11570)	12/15/2000 10:04:02 PM
From: rjm2	Respond to of 78702

I mentioned this one (SPAN) a few times recently. Sometimes good things happen when insiders keep buying. "Span-America Shareholder Acquires 6% of Outstanding Stock Filing Indicates Plans to Seek Control of the Company GREENVILLE, S.C.--(BUSINESS WIRE)--Dec. 15, 2000--Span-America Medical Systems, Inc. (Nasdaq/NM:SPAN - news) today announced that Synalloy Corporation (Nasdaq/NM:SYNC - news) and certain of its affiliates reported in a filing with the Securities and Exchange Commission that they have acquired 153,033 shares of Span-America's common stock, representing 6.1% of the Company's outstanding shares. The filing further indicates that Synalloy plans to acquire control of the Company. ``A representative of Synalloy has contacted Span-America regarding the filing, however no offer has been made,'' stated Jim Ferguson, president and chief executive officer of Span-America Medical Systems, Inc. About Span-America Medical Systems, Inc. Span-America manufactures and markets a comprehensive selection of pressure management products for the medical market, including Geo-Matt®, PressureGuard®, Geo-Mattress®, Span+Aids®, and Isch-Dish® products. The Company also supplies custom foam and packaging products to the consumer and industrial markets. Span-America's stock is traded on The Nasdaq Stock Market's National Market under the symbol SPAN. -------------------------------------------------------------------------------- Contact: Span-America Medical Systems Inc., Greenville James D. Ferguson, 864/288-8877 ext. 212 irinfo.com;