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To: eric deaver who wrote (7698)8/4/1998 11:54:00 AM
From: Janice Shell  Respond to of 11684
 
I remember one of our "experts" on the thread saying that anyone can sell their shares at anytime to anyone else directly - just not over the exchange. The SEC did not "freeze their assets".

True. My point, though, was that I imagine once the halt was called, a potential vendor would prefer to wait to finalize the deal until he knew what the stock would be worth when trading resumed.