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Microcap & Penny Stocks : New Sky Communications (NSKY) -- Ignore unavailable to you. Want to Upgrade?

To: Donster who wrote (2286)	9/8/1998 4:10:00 PM
From: Freddie Forte	Read Replies (1) \| Respond to of 2601

Donster....I believe Carl selling 2,000,000 shares last week for 50,000 has had a negative effect. Ask yourself this question. If Carl thought the company was going places fast why take .03 cents when you could get 10 cents in a month or so? Since he's the president,he surely knows the time frame when these deals will be consummated. Obviously, Carl thought this would be the best price for some time. This is not a good sign for shareholders when the president sells 2 million shares in the midst of this amazing growth that the company proclaims to have. Why did he sell now??