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Technology Stocks : Concurrent Computer (CCUR)
CCUR 2,5000.0%Oct 31 9:30 AM EDT

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To: Don Hand who wrote (11910)12/14/1999 1:00:00 AM
From: James M. Bash  Read Replies (2) of 21142
 
There was a lot of discussion about this on Yahoo. Basically the synopsis is:

1. The filings are Form 144's (clearing regulation to sell) and not Form 4's (actual sales).

2. Form 144's are filed all the time for stocks without subsequent sales - it just gives people the flexibility to pull the trigger if they want.

3. Even if some stock is sold by insiders, it often proves meaningless regarding eventual stock prices (witness SEAC and SFA - insiders have sold tons all along).

4. Most of the filings are option-related, meaning it's more difficult to get long-term capital gains status (have to exercise and then hold for a year before selling).

5. Beth Alonzo of CCUR IR says Dorfman's facts are incorrect and will be contacting him.

6. Lastly, some of these guys have been waiting a long time for this! And filing the intent to sell while waiting to actually sell could be construed as bullish for imminent news.

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