Wind River going up, up, up! Message Board

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Technology Stocks : Wind River going up, up, up!

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To: Allen Benn who wrote (1449)	7/7/1997 2:13:00 PM
From: GuinnessGuy	of 10309

Just found this. Insider selling for the week ending 04 July '97: insidertrader.com An officer and two affiliated filed to sell 120,000 shares. This was a Form 144 filing. For those of you in the dark about these forms a Form 144 is defined as: ============= Form 144: The U.S. Securities Exchange Commission document filed by holders of restricted securities to give notice of their intent to sell. Securities may be restricted under terms of an initial public offering, a venture capital investment, or stock-option compensation, among other things. Sales of shares typically occur soon after a Form 144 is filed. Not all filers of Form 144s are "insiders" as defined by the SEC. But if the seller of the restricted stock is an insider, you will likely see a Form 4 the following month. Form 144s are therefore a harbinger of activity for Form 4 sales. ================ Maybe they were worried about a possible failure with the Pathfinder Mars mission and just wanted to be 'ready' to sell if need be. As far as I know the above filing doesn't obligate the filer to follow through on the sale. Can anyone confirm this? Craig

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