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Politics : RAMTRONIAN's Cache Inn -- Ignore unavailable to you. Want to Upgrade?


To: gammaray who wrote (4739)1/31/1998 9:36:00 AM
From: Gordon Bennett  Read Replies (1) | Respond to of 14464
 
To all:

Regarding the BEA shares. Todd left BEA at the end of December of his own volition. He had had enough of money management and wanted to travel and work on some ideas on the relationship between biological systems and the financial markets.

At BEA, Todd managed a hedge fund called the Empire Fund as well as most of the other equity oriented funds. He reached his decision to leave in the early summer and from that point forward sold 1.2 million shares out of the Empire Fund since the fund was to be liquidated upon his departure. BEA still holds shares of RMTR in other accounts, though the buy/sell decision on those shares is now in the hands of other portfolio managers there.

Todd sold only because he was leaving. He still likes the company and technology though he expressed reservations regarding management's "hunger".

I'm still in for what its worth.

Gordon Bennett



To: gammaray who wrote (4739)1/31/1998 9:46:00 AM
From: Hiram Walker  Read Replies (2) | Respond to of 14464
 
Neil you don't have to look at the charts,you can smell them,and they stink. T/A in RMTR may stand for Terminal Annihilation. Nope, I am not a chartist,and only look vaguely at them. But sometmes even a blind squirrel can find a nut,and that nut is being squeezed by the liquidators.
Hiram