Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : eLec Communications Corp. (ELEC) -- Ignore unavailable to you. Want to Upgrade?

To: warren bostwick who wrote (246)	3/8/2000 8:16:00 AM
From: Raj Ramaswamy	Read Replies (1) \| Respond to of 330

Warren, Thanks. However there is another word called "Overhang" for such situtations where big blocks are waiting to be sold out. (filing of 144 for insiders for example). Institutions can unload without 144 though but they cannot control PR release. As far as I know only 144 sales can time PR release. But any such unusal 144 filings will keep the public wary of new purchases. NETP is one example (see the action last two months..).. One advantage insiders have is they can file 144 but sell at all. Later when they choose (timings), they can unload into retail buying. Raj