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blueskywaves

05/27/03 7:21 PM

#28694 RE: teecee #28667

And not just ordinary bonds, as you said, he gets all the off the menu stuff too.

Check out Bell Industries (BI), a small California computer services company. He bought more than 5% of this company for his personal account in 1999 before BI distributed $7.00 per share in special dividends as a result of some asset sales. This one appears to have been strictly a trade since he sold all his shares soon after the special dividend distributions.