Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Noblesse Oblige who wrote (1288)	4/7/1998 9:34:00 PM
From: raefon	Read Replies (1) \| Respond to of 3247

To the "thread," Today I spoke to Eugene Lang. The mystery man of the most recent proxy... Mr Lang was kind enough to return my call(kind of amazing considering I did tell his assistant I was a Stockbroker<G>). Mr Lang indicated that he had in fact sold all of the shares that were held corporately by the assorted "REFAC" entities. He indicated that he made the decision because he did not want his business to become a holding company. He indicated he continued to hold 150,000 shares with virtually a zero cost basis and therefore did not plan to sell them. He also gave me some interesting insights into "the board" of TFS, a position he once held... IMO this solves two mysteries. first we now know who the seller was at year end...second MCD was right this guy did not know he had to file...nor did he seem to care. I am still investigating the "expatriate". I was hoping for some insights into S.E.C. jurisdiction...I will report back in the next couple days.