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Technology Stocks : OnSale Inc. -- Ignore unavailable to you. Want to Upgrade?


To: carl a. mehr who wrote (769)2/13/1998 2:44:00 PM
From: Mo Chips  Read Replies (1) | Respond to of 4903
 
humble carl,

Is this what you are asking for...

Approximately 11,003,432 additional Restricted Shares will become available for sale in the public market following the expiration of lock-up agreements with the representatives of the Underwriters that extend for the longer of 90 days after the date of this Prospectus or two days after the Company announces its year-end financial results.

By the way, this is no secret. It was published in their filings to the SEC and is available on-line for FREE. Anyone that has done their due diligence should already know this...

Mo



To: carl a. mehr who wrote (769)2/13/1998 5:28:00 PM
From: tony pan  Read Replies (1) | Respond to of 4903
 
Typically, it is 48 hours after earning release. Senior management may have longer lock-out period(1 year after IPO). Other insiders can sell their shares after 6 months, if it is not a quiet period(within a month of earning release).