ISCO-Illinois Superconductor Message Board

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Technology Stocks : ISCO-Illinois Superconductor

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To: redbird who wrote (404)	2/28/2000 5:57:00 PM
From: Michael D. Christian	Read Replies (1) of 524

Thanks, see if you can access schedule 13d filed on 2/23/00. edgar-online.com I just noticed that there is a new filing on 2/25/00, that we can access tomorrow. The 2/23 filing seems to indicate that Elliott, Westgate and Martley can acquire more than what you noted, page 6. But it also notes that their aggregate ownership is limited to 9.9% at any time, page 5. This is waived if they become directors. Also, their access is to this is spaced over years out to 2004. I don't know how to interpret all of this, except one wouldn't think that they would want to do something to grossly devalue their gains. It also appears that Elliott and Westgate have been routinely buying and selling their shares to avoid a huge buildup of their positions, to avoid conflict with the requirement. Many of the sales have been at below $1. I don't see any buys or sells by Martley though? biz.yahoo.com

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