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To: Norm Bishop who wrote (544)	12/16/1997 3:59:00 PM
From: Claude Edelson	Read Replies (2) \| Respond to of 1460

The amount is not the point. If the insiders sold knowing what we did not and even promoted the stock during that time, then they profitted at our expense. I am not sure what a law verdict would turn out, but if true (stressing if true), then it is clearly unethical. Claude

To: Norm Bishop who wrote (544)	12/16/1997 4:38:00 PM
From: Holyman	Respond to of 1460

All: I doubt if this is a strong case for a class action suit. Several orders can be pushed out, changed, or even terminated, depending on the company's condition that placed the orders. If the sell orders started in July, I believe, nobody knew then if the Asian problems would kill these orders. Any comments? God Bless

To: Norm Bishop who wrote (544)	12/16/1997 6:52:00 PM
From: WTSherman	Read Replies (3) \| Respond to of 1460

<<As of this writing, were back to 14. Expect it to rebound to 17 within the next 2 weeks.>> What's this optimism based upon? I think that previous posts have pointed out that institutions are likely to dump the stock before the end of the quarter(if you read the recent articles on fund behavior, unexpected downside financial results is the #1 cause for funds to sell out). In addition, tax loss selling is likely to take place with little short covering(why pay the tax this year, they'll cover in January). I'm no great seer when it comes to predicting short term movements, but, generally a big drop like this is followed by more bad news and more, albeit, slower price erosions. Broken stocks generally stay broken until there is some sort of good news. -Just one man's opinion, of course....