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To: Ed Don who wrote (1134)4/4/1999 12:28:00 PM
From: Ron Harvey  Respond to of 13157
 
I don't plan to hold forever and I wouldn't expect institutions to, either. (I say "institutions," but it's probably a money manager or two who makes the decision.)And when someone buys, someone else sells. Perhaps it's more comforting when you don't know who the sellers are, but these unknown sellers aren't necessarily more or less savvy about the future than the known parties.



To: Ed Don who wrote (1134)4/4/1999 12:30:00 PM
From: mike.com  Read Replies (1) | Respond to of 13157
 
"Do they know something that we don't?"

Nope. The Post is still holding 1,636,334 shares. If they knew something we didn't do you think they would still be holding any? Notice they reduced their holdings to 4.9% thus eliminating the need to file a 13D. They had held shares for quite a long time and I understand they did well with their investment. I wish I was holding 1,636,334 shares.



To: Ed Don who wrote (1134)4/4/1999 12:38:00 PM
From: art slott  Respond to of 13157
 
If you own that many shs you should be following the thread since there is more info here then anywhere. If not you will find quite a few posts addressing the issue around the week they sold.

Art



To: Ed Don who wrote (1134)4/4/1999 12:54:00 PM
From: mike.com  Read Replies (1) | Respond to of 13157
 
Also Ed, if that was such a negative event, don't you think it's odd that the stock went up over 30% from their selling prices? And it was large block purchases that appear to be institutions that drove it up.