To: Savant who wrote (384 ) 8/27/2000 8:59:07 PM From: Fundamentls Read Replies (2) | Respond to Perhaps you missed the part about immediate PAPER access....by institutions/analysts, etc. for a large fee....PRIOR to EDGAR on line access. This, of course, would give them a huge advantage. This speaks to the selective discloses by companies which IMHO, is unfair. enough to) requiring electronic filing for those as well. I agree that gives those who get the paper filings a huge advantage, but I have found that most companies I invest in are already filing electronically rather than on paper anyway, so it's never really been an issue for me (that I'm aware of at least). Since Forms 3/4/5/144 usually are preceded by an S-3 or S-8 or expiration of a lockup anyway, I don't often find the later filing to be a surprise - at least with mainstream companies; I've already factored the expectation of insider sales into my thinking by the time a 3/4/5/144 appears.
