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Technology Stocks : Covad Communications - COVD -- Ignore unavailable to you. Want to Upgrade?

To: Patricia Meaney who wrote (3433)	2/5/2001 1:53:00 PM
From: Captain James T. Kirk	Read Replies (1) \| Respond to of 10485

Patricia: When you read this, keep in mind that during the past 12 months, this stock went from cents to $10.00. I alerted my family to the recent dip. Celsion Reports No Recent Insider Selling COLUMBIA, Md., Feb. 5 /PRNewswire/ -- Celsion Corporation (Amex: CLN - news), headquartered in Columbia, Maryland, in response to questions asked by several of its stockholders in communications with the Company, today clarified the nature of the transactions in the Company's common stock reported to the Securities and Exchange Commission (SEC) on Forms 144. Summaries of such ``Rule 144 transactions'' commonly referred to as ``insider trades'', which have recently appeared on several financial web sites, e.g. Yahoo!com, have caused investor confusion. Under SEC regulations a Form 144 generally is required to be filed when (1) a Company insider (generally an officer, director or significant stockholder) disposes of any Celsion shares and (2) when a stockholder who is not an insider disposes of Celsion shares that were purchased in a private transaction rather than in a registered public offering. Over the past twelve months substantially all of the individuals reporting under this regulation have been investors, falling into category (2) above, who have participated in prior private placements offered by Celsion over the last several years. No current Company insiders, category (1) above, have sold Company stock over the last twelve months. In fact, a number of members of current management have, over the course of the last year, increased their holdings of Celsion shares.</>