PowerLinx Inc (PWNX)

[CaseyOne]

Her is a start:

By: ub43 $$$
Reply To: 38690 by sailbad43 $$$$ Friday, 6 Jul 2001 at 12:45 PM EDT
Post # of 41478


Two more ways that Suburban may have acquired SEVU shares:

1. Private party negotiated transactions not done on the open market.

2. Loan collateral foreclosure.

You can bet there would have been a press release at the time the 13D was filed had Suburban made open market purchases.

Something like: "Suburban Capital purchased SEVU shares in open market transactions for investment purposes because Suburban believes SEVU shares are substantially undervalued."

Since no such PR was forthcoming, I doubt Suburban made open market purchases of 1.5 million SEVU shares.