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To: Risky Business who wrote (12189)7/2/1998 8:19:00 PM
From: Jeffrey S. Mitchell  Respond to of 13949
 
Risky, before someone sells shares that are no longer restricted, the SEC requires that person to register them as "tradeable" using a Form 144. Once the shares are actually sold, said person is required to file a Form 4. Keep in mind that many times by the time you see a Form 144 the shares are already gone.

- Jeff



To: Risky Business who wrote (12189)7/3/1998 12:04:00 AM
From: ThirdEye  Read Replies (1) | Respond to of 13949
 
An open market sale must be of shares that were previously referred to in a 144 filing. You're not seeing double sales.


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