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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: LPS5 who wrote (53232)	3/17/2000 2:12:00 AM
From: Puck	Read Replies (1) \| Respond to of 122087

Question LPS5: Typically insiders at companies that come public enter into contracts with their underwriters restricting their ability to sell shares for various periods of time, commonly referred to as the "lock-up" period--six months seems to be a fashionable length of time. Can such insiders initiate short positions against their restricted shares (which would be covered when the shares eventually become freely tradeable) as soon as the IPO commences in order to lock in a sales price if they are so motivated? Puck