Calvin,
I know you are concerned about JA and losses he may have suffered now that his shares have been extinguished. But don't worry, he, and other insiders, were able to sell some of their shares after their hype and dump job:
ABBRUZZESE, JARED E.
DATE SHARES SOLD PRICE PROCEEDS
5/24/96 5,000 8.00 $ 40,000
5/31/96 10,000 10.75 $ 107,500
5/31/96 10,000 11.00 $ 110,000
6/3/96 54,000 10.00 $ 540,000
6/3/96 5,000 11.13 $ 55,650
6/3/96 23,000 11.25 $ 258,750
6/3/96 2,000 11.38 $ 22,760
6/7/96 10,500 10.00 $ 105,000
6/10/96 10,500 10.00 $ 105,000
6/11/96 19,100 10.00 $ 191,000
6/11/96 50,000 9.75 $ 487,500
6/11/96 13,400 10.00 $ 134,000
6/13/96 25,000 9.07 $ 226,750
7/19/96 15,000 8.44 $ 126,600
8/15/96 10,000 7.30 $ 73,000
8/15/96 16,000 7.30 $ 116,800
8/23/96 6,500 7.38 $ 47,970
8/23/96 6,500 7.50 $ 48,750
8/23/96 2,000 7.75 $ 15,500
8/28/96 7,000 8.00 $ 56,000
$2,868,530
ABBRUZZESE, JOSEPH E.
DATE SHARES SOLD PRICE PROCEEDS
5/31/96 10,000 10.75 $ 107,500
5/31/96 10,000 11.00 $ 110,000
6/3/96 5,000 11.13 $ 55,650
6/3/96 23,000 11.25 $ 258,750
6/3/96 2,000 11.38 $ 22,760
6/6/96 54,000 10.00 $ 540,000
6/7/96 10,500 10.00 $ 105,000
6/10/96 10,500 10.00 $ 105,000
6/11/96 19,100 10.00 $ 191,000
8/15/96 10,000 7.30 $ 73,000
8/15/96 16,000 7.30 $ 116,800
$1,685,460
CARTER, HOPE
DATE SHARES SOLD PRICE PROCEEDS
5/30/96 80,100 11.20 $ 897,120
5/31/96 10,000 10.75 $ 107,500
5/31/96 10,000 11.00 $ 110,000
6/3/96 5,000 11.13 $ 55,650
6/3/96 23,000 11.25 $ 258,750
6/3/96 2,000 11.38 $ 22,760
6/6/96; 54,000 10.00 $ 540,000
6/7/96 10,500 10.00 $ 105,000
6/10/96 10,500 10.00 $ 105,000
6/11/96 19,100 10.00 $ 191,000
8/15/96 10,000 7.30 $ 73,000
8/15/96 16,000 7.30 $ 116,800
$2,582,580
COROTOMAN COMPANY LLC
DATE SHARES SOLD PRICE PROCEEDS
5/31/96 10,000 10.75 $ 107,500
5/31/96 10,000 11.00 $ 110,000
6/3/96 5,000 11.13 $ 55,650
6/3/96 23,000 11.25 $ 258,750
6/3/96 2,000 11.38 $ 22,760
6/6/96 54,000 10.00 $ 540,000
6/7/96 10,500 10.00 $ 105,000
6/10/96 10,500 10.00 $ 105,000
6/11/96 19,100 10.00 $ 191,000
8/15/96 32,000 7.30 $ 233,600
$1,729,260
SONNENBERG, ALAN
DATE SHARES SOLD PRICE PROCEEDS
6/3/96 50,000 11.01 $ 550,500
6/4/96 50,000 10.09 $ 504,500
6/5/96 60,000 10.50 $ 630,000
$1,685,000
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