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Allied Motion Technologies Inc. Message Board

  • jimkolak jimkolak May 27, 2000 4:01 PM Flag


    according to my information, eugene prince the
    chairman owned about 905,000 shares of hath. He has sold
    about 62,000 shares since june 99. He has filed
    intentions of selling 62,000 more shares. That leaves him
    about 778,000 shares. The ceo i believe owns about
    500,000 shares and has only sold a few shares. This is
    good news for hathaway shareholders. They think the
    price is going to go well over $19.00 some day. Spinoff
    of motion control?

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    • jimko -did you ever think that Messrs Smith and Prince have not cashed in yet because the final numbers for the year will proabaly be excellent resulting in a much higher price?

      • 1 Reply to jawjagal_2000
      • the motion control division is very profitalbe in
        the first 9 months. They have several new products
        for the power & process. If they could get them
        profitable we could be looking at a very profitable little
        company with very few shares outstanding. Could get very
        interesting. I saw on a stock ownership list posted somewhere
        that i can't remember, that george soros has purchased
        some shares. Whether he still has them after the run
        up i don't know. Hath is becoming discovered by some
        well known investors.

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