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To: Les H who wrote (11009)	6/4/2003 4:27:28 AM
From: Wyätt Gwyön	Respond to of 306849

More than $3.1 billion in shares were sold last month by corporate insiders, the largest amount of such selling in two years. online.wsj.com

To: Les H who wrote (11009)	6/4/2003 4:31:58 AM
From: Wyätt Gwyön	Respond to of 306849

Is Bill Gates a Pathetic Hypocrite? http://online.wsj.com/article/0,,SB105468939725601800,00.html?mod=home_whats_news_us Bill Gates, who for a decade has been a prolific seller of the shares of Microsoft Corp., has come out against stock sales by insiders at Schnitzer Steel Industries Inc. Mr. Gates has sold nearly $1 billion of Microsoft stock this year, according to data compiled by Washington Service. But that didn't deter his investment vehicle, Cascade Investment LLC, from taking a public swipe at Schnitzer Steel insiders who, according to Washington Service data, sold $6.5 million of their company's shares in the past two months. Cascade said Friday in a Securities and Exchange Commission filing that it had sold some of its Schnitzer Steel shares because of concerns about the independence of the company's board -- and because company insiders were selling stock.