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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Pink who wrote (18074)11/13/2004 9:10:58 AM
From: torquatus  Read Replies (2) | Respond to of 18998
 
dan's holdings as of 9/30 indicate no leap but on 10/2 we learn "added on the puke." what gives?



To: Mr. Pink who wrote (18074)2/2/2005 8:46:15 PM
From: Mad2  Read Replies (1) | Respond to of 18998
 
Guys gotta way with words...........second to last line

Copyright 2005 Tribune Publishing Co.
Lewiston Morning Tribune (Idaho)

January 11, 2005 Tuesday

SECTION: Pg. 4C

LENGTH: 178 words

HEADLINE: New York City company divests itself of most of its Potlatch stock

BODY:

A company that was once one of Potlatch Corp.'s largest and most vocal
shareholders may no longer have any ownership in the company.

Third Point Management of New York City sold many of its Potlatch shares when
the price improved, said Michael D. Sullivan, Potlatch's corporate spokesman in
Spokane.

If Third Point is still a shareholder, it's a very small one, Sullivan said.

Third Point held shares when Potlatch stock dropped to $18 per share, its
lowest price in at least the last 20 to 25 years, Sullivan said.

Potlatch had three consecutive losing years ending in 2002, the worst
financial year in the company's history.

Then in 2003, Potlatch ended the year with profits and its stock price
rebounded, reaching as much as $52.89 a share.

Daniel Loeb, a managing member of Third Point, was publicly critical of
Potlatch's management and once referred to two Weyerhaeusers on the board as
members of the "lucky sperm club."

Loeb lobbied Potlatch for a number of changes, including eliminating its
shareholder voting system.

LOAD-DATE: January 11, 2005