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To: Dave O. who wrote (2203)	4/30/1998 2:05:00 AM
From: blankmind	Read Replies (1) \| Respond to of 7150

i agree with you, some longs feel that if someone continues to sell (ie a mutual fund or an institution) they are manipulating the stock downwards just as shorts will complain if someone purchases large amounts. the shorts will not complain on a decline and the long would not bother to complain about manipulation when the stock price goes their way. more to the point - who are the major shareholders. this is from thomson financial Top Institutions Ch Shrs Shrs Hld Date Rptd % Hld VINIK, JEFFREY N -902 2,090,800 12/31/97 6.40 PILGRIM BAXTER & ASSOCS 979 1,954,800 12/31/97 6.00 MORGAN STANLEY D WITTER 785 822,649 12/31/97 2.50 FIDELITY MGMT & RES CORP 803 803,100 12/31/97 2.50 FRANKLIN RESOURCES INC 147 704,600 12/31/97 2.20 Top Funds Ch Shrs Shrs Hld Date Rptd % Hld PBHG GROWTH FUND 976 975,500 09/30/97 3.00 FRANKLIN SS SML CAP GR 509 508,700 10/31/97 1.60 PIMCO ADV-TARGET FUND 439 438,800 12/31/97 1.30 KEMPER TECHNOLOGY FUND 250 250,000 10/31/97 0.80 AIM AGGRESSIVE GROWTH 250 250,000 10/31/97 0.80 if someone has a more recent stat on any of these, or invests in one of the funds, you can check to see if it is one of these who are unloading shares.

To: Dave O. who wrote (2203)	4/30/1998 2:13:00 AM
From: blankmind	Respond to of 7150

let's continue to beat this dead horse. could it be an insider? insider trader does not show any forms filed with edgar, which insiders would be required to file (they may still). form value shares title price date 144 89,943 2,214 1 - N 40.62 3/20/98 144 1,684,000 40,000 1 - O 42.10 3/13/98 144 3,539,355 85,000 3 - A,O,E 41.64 3/06/98 144 4,033,750 100,000 1 - O 40.34 2/27/98 144 12,000,000 300,000 2 - O,A 40.00 2/20/98 if anyone has more recent data, please post.

To: Dave O. who wrote (2203)	4/30/1998 9:17:00 AM
From: Frank	Read Replies (1) \| Respond to of 7150

Dave, After the q1 report I contacted the SEC concerning GSCO activity relative to CHKPF. The Yahoo msg board indicated another request. Your probably aware of the report issued a while back concerning NASDAQ price variabilty compared to NYSE Open Out Cry system. GSCO, or someone at GSCO, is manipulating this security to one degree or another. There are industry fraud statistics which support that companies have some level bad behavior going on. These activitities sometimes are on a big scale, refer to CD and its cooking of the books. GSCO dominates this security, eventually, this will change as the float is more evenly distributed, but lets not be naive. How many stocks to you know, which, consistently have beat earnings estimates based on formal public reports, drop like a ton of bricks after they are reported. This last qtr, while the drop was precipitous, does have some foundation, but look over the past record. The company will move upwards or downwards 3 points, independent of news or general market conditions, this is manipulation. Who's the culprit? Who knows. Is it Vinik? Who cares. The key on any activity of this nature is that it does not last forever. If the fundementals are sound, stock will eventually discount any manipulative behavior. Just an opinion, no support in facts.