I stand corrected. Heck, for what I paid for my long position, I should have just bought it from Gerrold.
Item 4. Purpose of Transaction.
443,000 shares held by Gerald McMillan were sold by various brokers pursuant to pledge and/or margin agreements.
Item 5. Interest in Securities of the Issuer.
(a) The information set forth in items 1, 11, and 13 of the second part of the cover page of this statement is incorporated herein by reference.
(b) The information set forth in items 1 and 7-10 of the second part of the cover page of this statement is incorporated herein by reference.
(c) An aggregate of 443,000 shares held in the name of Gerald McMillan were sold by the following brokers pursuant to pledge and/or margin agreements between Mr. McMillan and the brokerage firms: 8,000 shares @ 3-9/16 per share on March 20, 1998 by Morgan Keegan; 100,000 shares @ 3.1309 per share on March 23, 1998 by Morgan Keegan; 25,000 shares @ 3-1/32 per share on March 23, 1998 by Everen Securities; and 310,000 shares @ 3-1/16 per share on March 24, 1998, by Morgan Keegan. |