	bastian technologies mulling cosmo csmo o bid new york based bastian technologies corp said it uired a five pct stake in cosmo communications corp and is considering a move to seek control of the company or to secure a role in its affairs bastian technologies believes that with the appropriate management policies and business strategies the company can once again become profitable and maximize for all shareholders the underlying value of their company bastian said in a filing with the securities and exchange commission bastian said alternatives being considered include an attempt to uire cosmo through a merger tender or exchange offer seeking to influence the company s management and policies and seeking representation on cosmo s board of directors through a proxy contest or otherwise bastian said it may contact third parties regarding its intentions toward cosmo adding it intends to request a meeting with cosmo representatives to discuss its investment in cosmo stock bastian currently holds cosmo common shares or five pct of the total outstanding the shares were purchased from nasta international inc nas on october for about mln dlrs bastia said reuter 
