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To: Steve Rubakh who wrote (7360)12/17/1997 12:09:00 AM
From: Karl Drobnic  Read Replies (1) | Respond to of 31646
 
STEVE: MaxServ and Contour Medical were bought out, so RENN didn't have a choice. Other holdings, like Unico and Global -??- are pretty much illiquid. When I say RENN, I mean the whole family of funds, not just the closed end fund. So TPRO is their crown jewel for 1997 that they can move out a lot of shares and impact their bottom line. Ren Cap will nurse an investment for years and years, but when it pops, they tend to move on. The whole focus is micro-cap. Or even "ultra-micro". They don't grow old with their companies.