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Strategies & Market Trends : LastShadow's Position Trading

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To: $Mogul who wrote (22465)	9/28/1999 9:38:00 AM
From: AlienTech	Read Replies (1) of 43080

What kind of a moron would sell a large stake at 50% off the IPO price? heh.. I knew these guys were greedy seeing how they sold into the run up of PWCC but I mean there has got to be a point where you say its not worth selling at these prices. DJ Fourteen Hill Grp/FlashNet -2: Holds 785,566 Shares WASHINGTON (Dow Jones)--A group including Fourteen Hill Capital L.P. reduced its stake in FlashNet Communications Inc. (FLAS) to 5.6%. In a filing Friday with the Securities and Exchange Commission, the group said it sold 334,700 common shares between Sept. 13 and Sept. 23 at prices ranging from $10 to $11.10 a share, and currently holds 785,566 shares of the Fort Worth, Texas, Internet service provider. -Humberto Sanchez; (202) 862-9251 (END) DOW JONES NEWS 09-24-99 12:04 PM

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