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Technology Stocks : SYQUEST

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To: Richard James who wrote (6689)6/14/1998 7:02:00 PM
From: Maher Sid-Ahmed  Read Replies (1) of 7685
 
Richard. Re: "The insider purchases referenced are 6 months old or better." I think insiders have to inform SEC in advance that they intend to sell. So far there is no evidence of that anywhere.

From investor.msn.com (you have to subscribe to enter with some monthly fee).

"SyQuest Technology, Inc.

SyQuest Technology, Inc. currently has no planned sales.

Insider filings are updated every Friday evening on Investor and are based on forms filed monthly with the SEC."

Plus I don't think insiders have the right to short their own shares. I think they would be liable. On one hand they issue news that they are advancing in sales and on the other hand they short or sell their own stock - that could present a legal problem to them - just my opinion.

Maher
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