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

To: Bob Rudd who wrote (12776)	7/13/2001 3:07:37 PM
From: rjm2	Read Replies (2) \| Respond to of 78748

Asset value is Paul Koether & friends. I think its owned via KENT. He also has control/large positions in PURW & GISH. Also shells CRTQ & TEEE. They tried to take control of AVCC years ago but ended up selling their block back to the company & signing a standstill. I just found out in the last 2 weeks that they even bought into STRZ. I saw their market maker (TRWN) on the level II for STRZ for a big chunk recently. My guess, without having talked to either parties, is he bought the position just on the cheap but cant get and/or doesnt want control or a 10% position forever. Not sure how they go from 9.59% to 3.49% by selling only 11,000. Anyway, they bought a chink at $2.50 so they are up 28% in short order. And frankly, the stock doesnt have liquidity so they probably realize they have to sell some WHEN THEY CAN.