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Technology Stocks : Avant (AVNT) -- Ignore unavailable to you. Want to Upgrade?


To: PMylnar who wrote (1420)11/10/1997 4:21:00 PM
From: xrayview  Read Replies (2) | Respond to of 3441
 
You were not off by much (from Amerindo web site- note date):

SCHEDULE OF INVESTMENTS

June 30, 1997
(Unaudited)



Shares

232,500 Avant Corp. $7,498,375



To: PMylnar who wrote (1420)11/10/1997 5:10:00 PM
From: Jonathan Greenberg  Read Replies (1) | Respond to of 3441
 
<<<AVNT/Amerindo. I thought that the Amerindo tech mutual fund was
about $40-45mm. Even if they only hold 10 stocks, equally weighted,
thier AVNT position would only be 180k shares. Hardly enough to tank
the stock. What am I missing?>>>

You're missing their 13D filed on 6/20/97 in which they claimed....

The following table sets forth for each of the Reporting Persons and
for each Other Named Individual the aggregate number of shares of the Common
Stock of the Issuer beneficially owned by such person as of June 13, 1997,
and the percentage which such shares constitute of the total number of
shares outstanding, as reflected on the Issuer's Form 10Q for the Quarter
ended March 31, 1997, unless based on more recent information obtained
directly from the Issuer (with beneficial ownership determined as set forth
in Rule 13D-3 under the Exchange Act, but disclaimed as set forth in the
footnote):

NAME NO. OF SHARES (1) PERCENT OF CLASS
---- ------------- ----------------
Amerindo 5,015,400 19.59%

Amerindo Panama 1,079,503 4.22%
Plan 4,500 0.02%

Retirement Benefits
Scheme 10,000 0.04%

Alberto W. Vilar 6,109,403 23.87%

Gary A. Tanaka 6,104,903 23.85%

James H. Furey 0 0.00%

Joaquin Garcia 0 0.00%

James P.F. Stableford 10,000 0.04%

Renata Le Port 10,000 0.04%

I read PeterC's note and can't believe that they were able to dump 6M
shares in that time frame. Can anyone explain where those 6M shares
went? Steve Austin?

Jonathan