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Biotech / Medical : SNRS- Sunrise Technologies -- Ignore unavailable to you. Want to Upgrade?

To: David Jones who wrote (1669)	10/3/1998 1:44:00 PM
From: admr	Read Replies (1) \| Respond to of 4140

My read on s2 is that company is registering previously issued shares. The shares involved seem to have been involved with previous financing of the company. I see no dilution. Although, now you have previously unregistered shares that now are registered and which can now be traded where they could'nt before. The majority of the shares being registered appear to be owned by the physcians doing the research and the FDA approval work. The last I heard, some of these physcians were still buyers of snrs and adding to their positions. According, to the s2 the shares don't have to be sold, can be sold or sold from time to time I guess depending on certain windows that open and close. I expect that the large majority of these shares that are owned by these physcians will not be sold. There might be some shares that come to market but I doubt they will put much pressure on the stock. I also suspect that any block trades that might done will be placed institutionally avoiding pressure on the stock and avoiding a large overhang.