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Technology Stocks : Elbit Vision Systems EVSNF -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Guymon who wrote (43)	12/17/1997 10:22:00 PM
From: Richard Spitzer	Respond to of 93

Got this answer from the II stock forum, courtesy of Zaev Bassin: A 700,000 share block was sold to Oppenheimer by the holding company which financed Elbit systems in Israel. Openhiemer bought the shares at a discount to the market and have been the offerer since then. The holding company has around 2 million more shares. They act like a capital venture company to help launch new high tech firms in Israel. They say they are not going to sell any more shares until at least April. Its Oppenheimer who is holding the price down. Rich