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To: James Strauss who wrote (16297)9/6/1998 2:38:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
My understanding is that all owners of registered shares: insiders, large owners, option
grantees large and small from the CEO on down the chart must file a 144 before or on
the same day as their sales. By far, most file the 144 on the same day just after they sell.


William,

We agree. Now the question is where did B & T get 5 million shares? I cannot find any SEC filing showing that large a holding.

Glenn



To: James Strauss who wrote (16297)9/6/1998 2:42:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Chile stocks fall on worries about LatAm's health

Reuters Story - September 04, 1998 17:24
%CL %EMRG %LATAM %LDC %STX %.SN .IPSA .IGPA .ADRIAN V%REUTER P%RTR

SANTIAGO, Sept 4 (Reuters) - Chilean stocks ended lower on Friday amid more panic about the health of Latin American markets, traders said.

The IPSA index of the 40 leading stocks broke through the 60-point wall, falling 2.98 percent to end at 59.75 points, its lowest close since December 9, 1993. It ended down 8.15 percent on the week.

The broader IGPA gauge slid 1.81 percent to 3148.26 points, and the ADRIAN index, which reflects the local share prices of all Chilean companies with American Depositary Receipts, dropped 2.46 percent to 632.58 points.

At a meeting of the International Monetary Fund (IMF) in Washington, U.S. and Latin American economic authorities tried to console markets.

The IMF Managing Director Michel Camdessus said the medium- and long-term outlook for the region remains strong, and Mexican Finance Minister Jose Angel Gurria said the IMF, the World Bank and the Inter-American Development Bank gave the policy makers assurances of support, if required, for their economies.

But investors in Chile were not convinced, traders said, adding that they fear a devaluation in Brazil. Locally, traders heard rumors that Chile's central bank could widen the ceiling on the peso's trading band.

The peso ended weaker at 474.30/474.60 per dollar compared with the previous day's 473.10/473.40 on rumors of devaluations in the region and Chile and despite the central bank's having sold dollars, traders said.

Volume was low at $8.69 million, down from Thursday's $12.03 million. Thirteen stocks rose, 51 fell and 28 ended unchanged.

Stocks are expected to continue their negative tendency on Monday unless economic developments in the region and Russia brighten, traders said.

"I think we will fall more next week," a trader said. "I don't see this market going up yet for six more months. I wouldn't be surprised if (the IPSA share index) went to 50 (points)."



To: James Strauss who wrote (16297)9/6/1998 10:03:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Period
Ending
Mean Est.
($/SH)
High Est.
($/SH)
Low Est.
($/SH)
Number Ests.
Mean Change, Last Month ($)
Year Ending
12/99
-1.30
-0.52
-1.96
13
-0.18
Year Ending
12/98
-1.45
-0.76
-1.93
13
-0.09
VS Actual
12/97
-0.58




Quarter End
09/98
-0.48
-0.23
-0.69
13
-0.05
VS Actual
09/97
-0.18




Quarter End
12/98
-0.46
-0.20
-0.65
12
-0.05
VS Actual
12/97
-0.19




Next 5 Year Growth (%)

63.00
90.00
50.00
5
0.00