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To: Paul Kern who wrote (190)5/3/2001 11:28:47 AM
From: allen menglin chen  Respond to of 6873
 
re: BVEW -- Paul, here is what u were refering to (3/31 on Barrons)

Bindview Development (BVEW)
A group including Chap Cap Partners and Third Point Management wants to influence Bindview management into selling the company or some of its assets to maximize shareholder value. The members of the investment group may consider negotiated transactions, tender offers, proxy contests, consent solicitations, or other actions. The group currently holds 3,569,000 share (6.9%).

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