Monday, November 06, 2006

RGM Capital Discloses 5.11% Stake in Midas (MDS)

In a 13D filing on Midas, Inc. (NYSE: MDS) RGM Capital, LLC disclosed a 5.11% stake (797K shares) in the company.

In a fairly general disclosure, the firm said they may engage in communications with one or more shareholders, officers or directors of the Issuer, including discussions regarding the Issuer's operations and strategic direction.

RGM Capital is a small cap/deep value hedge fund based in Naples, Florida, founded by Robert G. Moses.

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