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Non-Tech : Pete's Wicked Ale (WIKD) -- Ignore unavailable to you. Want to Upgrade?


To: Brian Pastor who wrote (127)4/29/1998 6:34:00 PM
From: Cosmo Daisey  Respond to of 156
 
Brian,
Its pretty much accepted that SAM (Boston Beer Co) is going to buy out Petes according to the reports I hear. This would merge number one SAM and number two WIKD and would benefit both companies. I don't know at what price the deal would happen. SAM is trying to raise the price of their shares before the takeover for less dilution of their stock. Some of the holders have sold some stock to use the money elsewhere for opportunities. I am thinking a cash and stock deal, WIKD has lots of cash.
Coz



To: Brian Pastor who wrote (127)5/14/1998 6:09:00 PM
From: Brendan W  Respond to of 156
 
You wrote:
~ a stakeholder sold 132k shares ~

I found the following:
>>>>>>>>>>>
WASHINGTON, April 28 (Reuters) - A group that includes DDJ Capital
Management LLC said on Tuesday it lowered its stake in Pete's Brewing Co. to 6.0 percent, or 648,670 common shares.

In a filing with the Securities and Exchange Commission, the group said it sold a net 132,000 shares of the company between February 24 and April 23 at prices ranging from $4.03 to $4.69 per share.

Others named in the group were the Galileo Fund LP, DDJ Overseas Corp., DDJ Galileo LLC, the Copernicus Fund LP, DDJ Copernicus LLC and Kepler Overseas Corp.
<<<<<<<<

I vaguely recollect these same names occurring in a buy in 1997 associated with Fidelity ("FMR"). Does this mean Fidelity is selling?