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To: bobgh who wrote (6727)	1/18/1998 4:44:00 PM
From: Sycamore	Respond to of 11888

Bobgh, To my understanding and I could be wrong, if the selling had taken place in December 1997 as you had claimed, Dr. Faris must have filed Form 4 by Jan 10 to report the actual sales in addition to filing Form 144 which is just an intent to sell. It's the law. Frankly, I'm not saying the sales didn't take place, but he has not reported it yet. On the contrary, there's also that possibillity that he is still sitting on those shares waiting to sell at the right price. I thought the definitions of when to use Forms 4 and 144 (below) are very clear. Please look at them again. Anyway, I'll contact "Insider Trader" on Tuesday to inquire and clarifiy the matter. Take care, Sycamore -------> Insider: An officer or a director of a company, or an individual or entity owning 10% or more of a company's shares. Form 4: The U.S. Securities Exchange Commission (SEC) document that must be filled out by insiders when they buy or sell their own company's shares. The transaction must be filed by the 10th day of the month following the trade. Most insiders are diligent, and there are typically more Form 4s filed with the SEC in the second week of the month as insiders rush to meet this deadline. Form 144: The U.S. Securities Exchange Commission document filed by holders of restricted securities to give notice of their intent to sell. Securities may be restricted under terms of an initial public offering, a venture capital investment, or stock-option compensation, among other things. Sales of shares typically occur soon after a Form 144 is filed. Not all filers of Form 144s are "insiders" as defined by the SEC. But if the seller of the restricted stock is an insider, you will likely see a Form 4 the following month. Form 144s are therefore a harbinger of activity for Form 4 sales.