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Gold/Mining/Energy : Jetform-FORM

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To: Hank who wrote (213)	3/5/1998 5:33:00 PM
From: Midas	Read Replies (1) of 530

They certainly have a big debts in their balance sheet as a result of the purchase of Delrina. That and other acquisitions and general cash burn have resulted in lots of share issues in the last couple of years, and hence dilution, so e.p.s growth has been poor. Those reasons certainly account for why they are off the all time high. I believe the fall today and after the last qtrs announcement was due to pent up insider sales. I have seen this with other software companies such as PLAT. Too many share options granted? Did anyone listen in to the telephone conference? Anything mentioned that wasn't in the press release?

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