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Microcap & Penny Stocks : Socket Communications (SCKT)
SCKT 1.080+2.9%Nov 6 3:59 PM EST

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To: J L Segal who wrote (850)7/15/2000 12:00:44 PM
From: J L Segal   of 932
 
Re: insider selling - don't be spooked. The CEO has set up a quarterly exercise program as a form of compensation, per the following:

ragingbull.altavista.com

"Kevin Mills has been granted 500,000 common shares that are vesting over 4 years
and owns another 100,000 shares outright.
He has set up a quarterly exercise plan of 20,000 shares on a predetermined schedule to meet personal cash needs and that will happen each quarter regardless of the stock price.
The shares he is exercising each quarter represents about 1/3 of 1 percent of his total holdings. "

JL
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