INVESTMENT GROUP RAISES ROBESON <RBSN> STAKE
A group of affiliated Miami-based
investment firms led by Fundamental Management Corp said it
raised its stake in Robeson Industries Corp to 238,000 shares,
or 14.6 pct of the total, from 205,000 or 12.8 pct.
    In a filing with the Securities and Exchange Commission,
the group said it bought 32,800 Robeson common shares between
Jan 26 and Feb 9 for 175,691 dlrs.
    The group said it may buy more shares and plans to study
Robeson's operations. Afterwards it may recommend that
management make changes in its operations. Fundamental
Management Chairman Carl Singer was recently elected to the
Robeson board.
 Reuter
