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Non-Tech : Dynamic Materials Cp
BOOM 50.42+1.4%3:58 PM EST

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To: Wade who wrote (226)5/26/1999 6:59:00 PM
From: Wade  Read Replies (1) of 234
 
Paul,

I checked the institutional holding after you mentioned it. Wow..it is 960K shares, 35% of the total. BOOM has 2.72 million shares outstanding with only 1.4 million shares float. Does this mean that only about 400K shares in individual investors hands? If we deduct the employee holdings(1000 shares x 195 people) there would be 200K shares left on the market. This is a very very very thin market. It is very interesting. I will take my time to buy more shares at this level. May be next year I will become a majority stock holder<GG>. Value investing is same to raise a child.... slowly, kindly and patiently.... with a lot of love.

Sincerely,
Wade

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