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To: pat mudge who wrote (17536)	5/17/1998 12:55:00 AM
From: Greg Jung	Read Replies (1) \| Respond to of 25960

The institutional percentage was at about 29% at end of march, now its at 28.5%. When this increases, there will be a big stock movement. Or if it decreases. FORE went from 37%, when it was at 15, to now 43%, at $23. The price moves when they buy or sell, not when they're sitting in it. Greg

To: pat mudge who wrote (17536)	5/18/1998 12:01:00 AM
From: Christopher Gates	Read Replies (1) \| Respond to of 25960

Pat, I heard it the same way that you did. The run up was so great that a number of institutions bailed out with 500%+ profits in less than a year. Along the same lines one of the audience members asked Akins why there was so little ownership by management. He acknowledged that this was a concern but explained that it took the company so many years to become profitable that they had to keep diluting their shares in order to keep the company going. Chris