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To: threadneedler who wrote (17124)	5/18/1998 4:57:00 PM
From: Karl Drobnic	Read Replies (1) \| Respond to of 31646

Ren Cap: Quality of companies - The only ones invited to present are those in whom one of the Ren Cap funds has an investment. Ren Cap is an incubator fund. It makes investments in small public companies that are at the verge of commercializing a product or service, then helps guide it to (hopefully) success. They have a very long term horizon for most of their investments, several years usually. Once a company becomes "quality", they sell out and move on to the next micro-cap. Ren Cap has been doing this since the early '70's.