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Lest anyone accuse me of having an agenda to pin the crime on "Billy", here's an interview I did from late 2001 (I think) where I put forth the random killer theory. Recall, at this time, there was no "running man" witness. The big supposed clue was a tan van seen suspiciously parked on the opposite side of East Rock which then was observed driving slowly across Edgehill and past where Jovin was found stabbed. It seemed quite plausible that the driver waited for the coast to be clear, drove through the intersection and out of view, quickly pulled over, opened the passenger door, and others tossed the body out. The van then sped away.
The problem is, given Jovin was found alive, albeit barely, the couple walking slowly up East Rock never reported seeing or hearing a tan van pass by. The running man witness did not report seeing a tan van either. And once the police investigated the tan van painted white they had impounded, and came up empty, that's the last we ever heard about it as a central clue.
Let's also remember that the murder weapon was supposed to be a 4-6 inch blade, which implied the lack of blood at the scene was because it was in the vehicle/van where she was stabbed. A flimsy X-acto knife would explain this lack of blood despite an outdoor killing. In other words, you have to go where the evidence takes you, not try to make the evidence fit your theory.