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To: Larry who wrote (1491)	3/25/1998 7:07:00 PM
From: james h. snyder	Read Replies (1) \| Respond to of 5847

dilution of this stock? how would that happen? i thought we had a good handle on the float? comments? j

To: Larry who wrote (1491)	3/25/1998 9:43:00 PM
From: mike mantoni	Read Replies (2) \| Respond to of 5847

Hi Larry, my conclusion was based on having seen this occur in the past. I worked with a guy who had purchased shares that where not yet registered from a company. After his restricted time elapsed he was able to register his shares and then they were crossed in the market. Not sure of entire reasoning behind the transactions, but shares became part of float and issued. Another possibility here is that since this stock was once very high you could have a rather large tax loss for some large holders. Crossing the stock, especially if you feel a strong upward surge is in the future, could allow you to take advantage of the loss and the gain. Just some thoughts! I said to press the company for info because they would know when investors are registering shares. Most of the time unregistered shares will be filed for registration upon the restricted date. Good luck!