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To: Skeeter Bug who wrote (4863)5/30/1998 8:12:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
glen, could it be that shares were issued at a discount and the issuee must agree not to sell
for a given time period? they then short other shares to lock in the spread they were
given by the company.


Skeeter,

That is good a guess as any. It is time for me to email the NASDAQ for their definition of these shares. I am not sure I can make money knowing it but I will learn something:-)

Glenn