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Technology Stocks : CAWS - Wireless Cable (New and Improved)
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To: Jose A. Suarez who wrote (544)11/26/1996 6:46:00 PM
From: Jose A. Suarez   of 5812
 
This is what the filing for the sale of stock by the insider says:

" Based on an ongoing evaluation of the business, prospects and
financial condition of the Issuer, the market for, and price of, the Common Stock, other investment opportunities available to each of the reporting persons, offers for the reporting persons' shares of Common Stock, general economic conditions and other future developments, the reporting persons or any one of them may seek to sell or gift additional shares of Common Stock. Additionally, sales of shares of Common Stock may be effected by the reporting persons for the purpose of generating proceeds to satisfy obligations under certain margin arrangements maintained by certain reporting persons at brokerage firms. Other than as set described above, as of the date hereof, none of the reporting persons has any plans or proposals that relate to or would result in any of the actions listed in subparagraphs (a) through (j) of the instructions to Item 4 of Schedule 13D, with respect to the Issuer."

Very interesting the part about satisfying obligations under certain margin arrangements..... none of the prior reports stated the herein. I do believe that the sale of this stock is to satisfy margin calls.... as was previously stated in this thread by someone else.

Regards
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