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To: IceShark who wrote (14201)	1/25/1999 4:46:00 PM
From: Thomas M.	Read Replies (1) of 86076

A while back, you were asking about insider sales limitations. forbes.com <<< Rules say that, per quarter, insiders cannot sell more than 1% of the shares outstanding or more than the average weekly reported volume in the stock for the previous four weeks. The more volume in the stock, the more stock you can sell. If volume were counted as it is on other exchanges, executives of Nasdaq companies could sell less than half the insider stock they can sell today. This is a powerful incentive for stocks to remain on Nasdaq long after they have achieved sufficient seasoning to move to the Big Board. >>> Tom

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