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Technology Stocks : Purchasepro.com Inc. (PPRO) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Viapiano who wrote (557)	4/19/2001 4:01:35 PM
From: AugustWest	Read Replies (1) \| Respond to of 748

Thanks for the clarification Paul. Do you know how long that is effective for? I would assume indefinitely unless he leaves, I don't see that happening any time soon though, do you? But OTOH, it might be a while until it hits $15 as well I'm almost wondering if it's not worth a little gamble to buy a few shares to see if they can take it up there.

To: Paul Viapiano who wrote (557)	4/19/2001 9:14:04 PM
From: VIPER85730	Read Replies (2) \| Respond to of 748

Paul, >Actually the CEO has NOT been selling...there was a PR several weeks ago detailing that he would not sell shares until it hits 15...and then only in a regular manner and not more than 20k shares per day...< Unless I'm mistaken, over 1,000,000 of his shares were already sold BY HIS CREDITORS, NOT HIM. This is one thing that caused the dump from $10 on down. (I believe he paid around $16 for the stock, so he did take a hit on it). This was not by his choice since the stock was used as collateral. I do not view this as any sort of negative since the same thing has happened to most serious investors at one time or another. In fact, MANY very big CEO's did much worse margining their stock when times were better over a year ago and they got their CLOCKS CLEANED! I read JR's letter to the shareholders regarding his future sales of stock at $15 and above and respected his position as well as how he treated his shareholders by telling them WAY in advance of any such sale in the event that any investors wanted to exit first. You can't ask for any more than that. It also seems to me that the proposed daily sales mentioned in that letter would have little or no effect on the stock when the volume is 3-5 million per day. Actually, when the creditors made their move and tanked this stock to where I bought it a couple weeks ago, they did me a big favor. : ) Bright things are on the horizon! Earnings next week, supposedly a WORLD CLASS CFO coming on board soon, to say nothing of their strong alliance with AOL, and whatever other announcements that are in the works now. I read on another board that after market today was up to $6.22 but can't confirm that. Regards, VIPER~~~~~~~< P.S. I'll try to find links to articles that support some of my statements above. The rest is my personal opinion and I think you can tell the difference. : )