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To: SPSEIFERT who wrote (19056)4/14/1998 1:59:00 PM
From: celeryroot.com  Read Replies (1) | Respond to of 32384
 
exchange2000.com
Bernie's post was correct. Not only is the above post misleading it is false.
Both Opp. and Gabelli have owned from 92-95 when the stock was rated a buy by some analysts.
In recent month Gabelli reduced their holdings,Someone named TRW sold 359,000 shares and W. Smith sold most all his holdings in Feb.1998.
Sourse is Bloomberg, Thompson financials(avialable thru Lombard) and Sec filings. Funds are required to report holdings if there is a change. To see what happened with Oppenheimer on must go back to oringinal 92 filing.



To: SPSEIFERT who wrote (19056)4/14/1998 4:05:00 PM
From: celeryroot.com  Read Replies (1) | Respond to of 32384
 
insidertrader.com
This does not include funds, inst. etc. Also, I don't believe this includes most of Smith's holdings which according to Bloomberg a good portion were disposed thru out Feb.
I made a mistake it was Shufro,Rose etc that sold 359K shares, Tcw sold 10k aand Gabelli reduced by 50k according to Thompson's Financials.
I can find no insider buying since 96,except for the usual at discount options exercised.



To: SPSEIFERT who wrote (19056)4/16/1998 1:12:00 PM
From: Flagrante Delictu  Read Replies (2) | Respond to of 32384
 
SPSEIFERT, OFF TOPIC. Re: Insider activity in Baldwin Technology
Please pardon my dilatory response to your inquiry. I was involved with the necessity to pay the piper until I exited the General Post Office in Chicago with 55 minutes to spare at 11:05 p.m.,yesterday.
Bloomberg costs around $2,000 per month ,when communication costs are added, per individual, who is not part of some group rate in a single location. As such, they do their best to provide accurate info in a timely manner. They purport to show insider activity, both buying & selling. Between 9/22/97 and 2/11/98, they show that director, Wendell M. Smith, sold 20,000 shares; the Wendell M. Smith Foundation sold 106,250 shares; the Polestar Retirement fund sold 57,643 shares; & the Polestar Corp. sold 217,000 shares. They show no insider buying whatsoever between 1995 & today.
It is always possible that they have missed something, such as other insider sales or purchases. I do not know anything of value about the company, but was intrigued sufficiently by the reports of massive insider buying by Texas Dude to take a look. Naturally, I was shocked at the disparity between what he said & what Bloomberg said, & I posted it to provide some balance. Hopefully, he or you can get to the bottom of this before misinformation causes anyone any harm.
P.S. It may well be that Polestar is controlled by Smith, but I have no information pro or con, other than to assume that if Texas Dude said the only selling was by Smith, then those entities must be related to Smith.