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Biotech / Medical : SABRATEK CORP (SBTK)

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To: Kevin Podsiadlik who wrote (351)7/19/1999 10:36:00 PM
From: mod  Read Replies (1) of 487
 
Kevin,

You got a few facts wrong there. There will be no quick dumping of the Ralin shares (though of course the profits above $21.11 go to SBTK).

If you had actually read the filing, you would have seen the restrictions on Ralin:

10-kwizard.com


o Ralin may not sell or transfer more than 100,000 shares during
the first forty-five days following the effective date of this
registration statement

o Ralin may not sell or transfer more than 20,000 shares during
any trading day

o Ralin may not sell or transfer more than 60,000 shares during
any calendar week;

-13-

o Ralin may not sell or transfer more than 180,000 shares during
any calendar month; and

o If the closing share price for Sabratek stock on any trading
day is at least $22, then the weekly and calendar month volume
limitations will not apply to the next following trading day,
provided that Ralin does not sell more than 15,000 shares on
that day.
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