INVESTOR BOOSTS TRANS-LUX <TLX> STAKE
Investor Albert Kahn said in a statement
that a group he heads increased its stake in Trans-Lux Corp to
8.9 pct from 8.1 pct on a fully diluted basis.
    Kahn said he indicated in a filing with the Securities and
Exchange Commission that his group bought an additional 7,300
Trans-Lux common shares and 100,000 dlrs of nine pct
convertible subordinated debentures due 2005, convertible into
an additional 6,803 shares.
    Kahn said he is considering seeking representation on the
Trans-Lux board and starting a proxy contest in connection with
the upcoming annual meeting.
    Kahn also said he is seeking an examination of the
Trans-Lux shareholder list and corporate books and records
under Delaware law.
    Trans-Lux is a Connecticut concern that leases teleprinters
and display units in brokerage offices, airports and other
public places.
    Kahn is a Miami insurance executive and investor.
 Reuter
