shane, also from DJ (convinced?)
November 27, 1998
Dow Jones Newswires
Egghead.com CEO Registered To Sell 200,000 Shares
Dow Jones Newswires
WASHINGTON -- Egghead.com Inc. (EGGS) Chief Executive George Orban registered to sell 200,000 shares of common stock, according to a
Form 144 released Friday by the Securities and Exchange Commission,
Federal Filings Business News reported Friday.
A Form 144 indicates an intention to sell restricted stock.
The filing of a Form 144 opens the door for an individual to sell the shares but does not definitively indicate that the actual sale of the shares will occur or has occurred.
According to the filing, Orban intended to sell the shares on the Nasdaq market on Nov. 20, 23 or 24 through Donaldson Lufkin & Jenrette Securities Corp.
Egghead.com is a national reseller of personal computer hardware, software, peripherals and accessories.
On Oct. 20, the company reported a second-quarter net loss of 30 cents per share, compared with a net loss of 24 cents per share for the same period last year.
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