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Gold/Mining/Energy : TS TELECOM (www.tstelecom.com): ASPIRING TELECO -- Ignore unavailable to you. Want to Upgrade?

To: M. Merriam who wrote (1558)	7/13/2000 7:09:15 PM
From: M. Merriam	Respond to of 1762

Just noticed Felix's post on Stockhouse. In reply to his comment, all trades were reportedly made on the public market except where I noted otherwise. Findlay sold about one share for every share that he has left. He exercised all his options; sold all those shares; and still is left holding significantly fewer shares than when he started. Andrew Wong, at the height (after exercising options), had 400,000 shares. Of those, he sold 375,000. To me, that looks significant. Hung, our leader, sold 100% of his position. That's about as decisive a seller as you can get, don't you think? I see the selling as significant anytime a group of insiders dumps that many shares into the public market in less than thirty days. However, I am even more troubled when this selling is placed in the context of untimely release of material information, questionable compensation (the 10%-of-profits bonus), reported virtual gifting of assets to insiders (the 6%), and most seriously, questions about the use (misuse?) of insider information. That said, I remain slightly positive about this company... The stink, however, must clear from the air for me to keep my apatite. Mike