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To: campe who wrote (2459)3/17/1998 12:57:00 PM
From: Milk  Respond to of 6654
 
>>>Why hasn't Jack averaged down from .47? Is he not allowed to by SEC rules? Or would he be required to file some form?

I believe since the merger is involved, Jack Arnold, being an insider, is not allowed to trade. Can someone with merger experience comment on this? Besides, we can always ask JA himself. I will, next time I call him.

Regards,
Milk