| Business Summary | | Engex,
Inc.
(the
Fund)
is
a
non-diversified,
closed-end
investment
company
that
invests
in
emerging
growth
companies
and
other
undervalued
or
turnaround
situations.
The
Fund
has
investments
in
companies
in
the
following
sectors:
biotechnology,
insurance,
technology,
gaming,
distribution,
financial
services,
education
and
environment. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Engex,
Inc.
is
a
nondiversified,
closed-end
investment
management
company
which
invests
in
emerging
growth
companies
and
other
undervalued
or
turnaround
situations.
For
the
fiscal
year
ended
9/30/00,
revenues
totaled
$1.3
million,
up
from
$42
thousand.
Net
income
totaled
$13
million,
up
from
$6.4
million.
Revenues
reflect
increased
interest
income.
Net
income
also
reflects
an
increased
net
realized
and
unrealized
gain. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | J. Mortin Davis, 70 | Pres | Gilbert Jackson, 35 | Treasurer | David Nachamie, 70 | Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|