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Gold/Mining/Energy : DYNATEC CORPORATION (TSE & ME - DY)
DY 375.56+2.5%3:59 PM EST

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To: Sturgeon who wrote (146)2/8/2000 8:58:00 AM
From: Daniel Chisholm   of 148
 
Re: the CEO selling 4M shares, I forwarded this info to my broker (who owns the stock in his personal account), and he told me that it was a forced sale. Apparently the CEO had to pay his wife $1.2M in a divorce settlement (the market was supposedly aware of this), kept looking for a good time to sell (or arrange a private placement), but D-day came up and the stock had to be sold.

FWIW.

- Daniel
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