Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : 3DFX -- Ignore unavailable to you. Want to Upgrade?

To: Chip Anderson who wrote (8700)	10/30/1998 12:21:00 PM
From: Michael G. Potter	Respond to of 16960

No insider selling. Ballard filed a form 144 for 15,000 shares a few days ago. This is not a sale, it is an indication that he may sell in the next 3 months. He needs to file to be able to sell restricted stock. From the Yahoo insider sales site: "Form 144 filings are indicated by ''Planned Sale''. Form 144s must be filed as notice of the proposed sale of restricted securities. Restricted securities are those that are acquired directly or indirectly from an issuer or an affiliate in a transaction (or chain of transactions) not involving a public offering. Not all Form 144 filers are insiders. Any entity owning restricted stock must file a Form 144 prior to selling the restricted stock. Any insider who files a Form 144, must file a Form 4 if and when the sale is completed. To determine if a given filer is an insider, you may click on the insider name. If the individual is listed as a shareholder, they are not an insider. An insider may file a Form 144 and not actually complete the sale. If the sale was completed, the insider should have filed a Form 4, indicating the transaction was completed. Form 144s contain additional information which may be beneficial. The data includes the name of the brokerage firm, insider's address, phone number, and the dollar amount of transaction. The amount of stock an insider may sell is ''restricted'' by a number of factors, such as shares outstanding, trading volumes, etc. The Form 144 must be filed prior to, or on the approximate date, of sale. Insiders are governed by SEC regulations when they file a Form 144. The following considerations should be kept in mind when you are searching Form 144s. These considerations apply to insiders only - see the above definition (not shareholders or restricted stock owners ): The filing of Form 144 is not required in any case where the amount of stock to be sold during any three (3) month period does not exceed 500 shares and the aggregate sale value does not exceed $10,000. If the seller does not sell all the stock covered by the form within 90 days after the filing, the filing process must be repeated before the commencement of further sales, except in cases where the passage of time has extended the seller's holding period." This is not the first time he has filed a form 144. In some ways, this is bullish as he must expect the stock price to increase in the next 3 months to the point where selling is worth it. Michael

To: Chip Anderson who wrote (8700)	10/30/1998 2:45:00 PM
From: Patrick Grinsell	Read Replies (1) \| Respond to of 16960

Chip, a clarification... The guy says that it's sold out thru Dec. 31st, 1998. But here is an quote from your earlier post: (6) Banshee is SOLD OUT into Q1. www2.techstocks.com Why I'm getting nitpicky here is that this is a very important matter. If 3dfx CANNOT sell any more chips then what do we care about announced OEM deals? I certainly don't want them to pull an Nvidia and screw up their relationships with OEMs by not being able to deliver. Thanks. Pat