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Technology Stocks : GTIS - Will it be a Phoenix or not ? -- Ignore unavailable to you. Want to Upgrade?

To: Chris McConnel who wrote (1556)	2/24/1998 5:45:00 PM
From: Franklin M. Humphreys	Read Replies (1) \| Respond to of 2319

Did not see anything like that but it does not surprise me. This company is fraught with risk. You have better chances taking on a Riverboat Gambler. I am glad to get out yesterday at the high. Frank

To: Chris McConnel who wrote (1556)	2/25/1998 11:16:00 PM
From: Chris McConnel	Read Replies (2) \| Respond to of 2319

Ya, Jack Cayre, chairman of GTIS, did sell a 120,000 shares. This is the first insider sale since Charles Bond, a division president (is that his title?), sold a 110,000 shares at the beginning of September. What I find interesting is that all the lawsuits out keep saying the officers inflated the price of the stock so they could sell their own holdings at a high price. Yet, as far as I can tell, it was only Charles Bond who was selling. David Chemerow actually bought 70,000 shares in May and Ron Chaimowitz bought 6,000 shares in Feb '97. I have a feeling the lawyers will have a hard time making that point stick. Also, I wonder if Scott Miller will have to file a 144 with SEC if he sells his shares (or exercises his options). - Chris