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To: andrew peterson who wrote (3530)8/5/1998 11:32:00 AM
From: Pure Folder  Read Replies (1) | Respond to of 11417
 
That may also be correct, andrew.

I don't have the financial information in front of me, but it is quite possible that Peter Sprague's substantial holdings are primarily in Common B, not Common A. Only the Common A are publicly traded. The conversion is one-to-one. I believe Steven Sprague's holdings are Common A, however. I'll have to check.

Nevertheless, this stock would already be at or below $1.00 if Eric were correct with reference to Steven Sprague.

My quick background check suggests that Eric should know better than to post a false rumor that a major insider has sold all his holdings. He's not a novice on these things, and he also describes himself as someone inclined to go short or long on a stock. It could well be an innocent mistake; it is very remotely possible that he is correct--I truly doubt it. He may have other less worthy motives. The jury is out right now.

My personal approach is to await either his proof or explanation for why he was in error. Failing that, he will always have a serious credibility problem in my mind.

Pure Folder