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Gold/Mining/Energy : Crystallex (KRY) -- Ignore unavailable to you. Want to Upgrade?

To: Spin8 who wrote (7262)	3/20/1998 4:37:00 PM
From: Gutman	Read Replies (3) \| Respond to of 10836

The key executives don't need to purchase shares in the market. They can make millions by exercising options below the market and immediately selling into the market. And who has made all of this possible? The public shareholders, who have pushed the stock up to levels where management can, and do, sell profitably month after month. Disclosure note: I trade KRY from the long side, and am flat now. I do not sell short (wish I did).

To: Spin8 who wrote (7262)	3/21/1998 10:32:00 AM
From: tanoose	Read Replies (3) \| Respond to of 10836

Hello Spin8; I will try to answer that question, I f KRY was to now publicly announce a share buy back, knowing what is before them and their possibility's, how would the OSC or the SEC look upon this. Would they not turn and say, the insiders are acing on inside information and are trying to profit from it before it occurs, you see the management of KRY is in a "catch 22" situation. Yes they have sold some shares throught the exercise of options, but I do not feel the amount to be that significant to cause such an alarm by some who wish to do so? To me it has become very obvious how the short side has planned their collective attack, they knew that KRY is now bound to confidentiality aggreements with certain company's and most importantly the "MEM", so they saw this exposure and they knew that they would be exposed?? With regards,Frank