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Biotech / Medical : ABTI Alpha-Beta Technology
ABTI 0.200+99,900.0%Jun 17 12:34 PM EST

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To: Tom Schmitz who wrote (274)7/15/1997 1:25:00 PM
From: Stock Mate   of 572
 
Oops...sorry about the typo, it should have said TO BE SOLD.
Here's the definition when one files a Form 144:
"
The U.S. Securities Exchange Commission document filed by holders of restricted securities to give notice of their intent to sell. Securities may be restricted under terms of an initial public offering, a venture capital investment, or stock-option compensation, among other things. Sales of shares typically occur soon after a Form 144 is filed.

Not all filers of Form 144s are "insiders" as defined by the SEC. But if the seller of the restricted stock is an insider, you will likely see a Form 4 the following month. Form 144s are therefore a harbinger of activity for Form 4 sales.
"
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