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Technology Stocks : THREE FIVE SYSTEM (TFS) - up from here? -- Ignore unavailable to you. Want to Upgrade?

To: voyager.ed who wrote (947)	2/7/1998 9:05:00 PM
From: dfloydr	Read Replies (1) \| Respond to of 3247

Voyager: see #946. #943 seems to have been an error. I hope. Otherwise this stock has so little float that big positions could be dangerous. Floyd

To: voyager.ed who wrote (947)	2/7/1998 10:20:00 PM
From: Noblesse Oblige	Read Replies (1) \| Respond to of 3247

Hi Voyager, As I noted in an earlier post, the fact that Chancellor added shares in the fourth quarter absolutely shocked me. I have no explanation for the large seller in the latter part of 1997, as I was reasonably certain it was Chancellor. As for the "float", I am afraid I can't accurately guess what it is. Insiders hold approximately 1 million common, and according to Dow Jones, institutions hold (as of 12/31/97) just over 18%, though that is part of the "float." I think it can reasonably be argued that the floating supply is roughly 6.8 million common, with Chancellor holding something approximating 650,000 - 675,000. Raefon can supply solid figures, as it is my understanding that he has access to a Bloomberg. Enjoy what is left of your weekend.