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

To: Allen Furlan who wrote (17795)	10/1/2003 5:33:38 PM
From: rjm2	Read Replies (1) \| Respond to of 78958

Thats me. I am not THAT active. But have been doing a lot of selective selling for the last few months. I havent bought or sold a share of STRZ in a long time but still own the POS ! Too cheap to sell, to disgusted to buy more. I didnt see the block today, but Asset Value partners had a big block and might have used the liquidity to sell some ? Here is their last 13D. Paul O. Koether Asset Value Management, Inc. 376 Main Street P.O. Box 74 Bedminster, New Jersey 07921 (908) 234-1881 DATE OF EVENT WHICH REQUIRES FILING: JULY 8, 2002 CUSIP NO.: 855086-10-4000 1. NAME OF REPORTING PERSON: Asset Value Fund Limited Partnership 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) (b) XX 3. [SEC USE ONLY] 4. SOURCE OF FUNDS: WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): YES NO XX 6. CITIZENSHIP OR PLACE OF ORGANIZATION: New Jersey 7. SOLE VOTING POWER: 250,000 8. SHARED VOTING POWER: 0 9. SOLE DISPOSITIVE POWER: 250,000 10. SHARED DISPOSITIVE POWER: 0 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 250,000 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: YES NO XX 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 8.47% 14. TYPE OF REPORTING PERSON: PN Item 1. SECURITY AND ISSUER. This Amendment No. 2 relates to the Schedule 13D filed on April 5, 2001 in connection with the ownership by Asset Value Fund Limited Partnership ("Asset Value") of the common stock, $.001 par value per share ("Shares") of Star Buffet, Inc., a Delaware corporation (the "Company" or "Star Buffet"). The capitalized terms used in the Amendment, unless otherwise defined, shall have the same meaning as in the original Schedule 13D. Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. Item 3 is hereby amended by the addition of the following: Since the date of the last filing, Asset Value has acquired 28,100 Shares at an aggregate purchase price of $67,485.10, including brokerage commissions, and has sold 61,100 shares for proceeds of $167,660.03, net of brokerage commissions. Asset Value purchased the Shares with its cash reserves. Item 5. INTEREST IN SECURITIES OF THE ISSUER. Item 5 is hereby amended by the addition of the following: (a) As of the close of business on July 8, 2002, Asset Value beneficially owned 250,000 Shares, representing 8.47% of Shares reported as outstanding in the Company's Form 10-Q for the quarter ended May 20, 2002. Transactions in Shares for the Past 60 Days NUMBER OF PRICE DATE SHARES SOLD PER SHARE * -------- -------------------------- ------------------ 07/08/02 5,000 2.82