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Medley Capital Corporation Comm Message Board

  • segal.rm segal.rm Jun 27, 2001 1:00 PM Flag

    Mr. Reed's Ownership

    This stock is attractive in many respects, but the fact that one person (Mr. Reed) appears to be the beneficial owner of >50% of the shares is somewhat concerning, especially given his advanced age. Does anyone have any inkling as to whether his heirs are likely to liquidate inherited stock or hold onto it?

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    • tough call here...i can't find any definitive answers...there are some thoughts as to who will assume leadership...some rumor of break up, but NOTHING substantial...i wouldn't hold my breath on mr. reed though...they guy (like his approach or not) is at the TOP OF HIS GAME...he could be running this show for a long time to come...the stock is stable and he has always owned most of it...doesn't bother me...the guy has invested his whole working career into the company; don't see him doing anything foolish

 
MCC
12.39-0.03(-0.24%)Sep 19 4:09 PMEDT

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