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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?

To: silicon warrior who wrote (9564)	12/14/1998 6:03:00 PM
From: Richard Dunaven	Respond to of 12468

Insiders have a small window in which to sell each qtr. There is no problem if they sell ahead of good news while in possession of that news. If Chrust could not wait 3 more months for his window due to prior commitments then he may have no choice and it's his bad luck or maybe timing in this case. Keep in mind this conference was originally scheduled earlier in the year and his commitments/timing could have been screwed up just like many other times with this CO. If it is true and he is resigning then maybe he committed the funds to another investment that has yet to be known and got caught up in the typical timing problem many of us have experienced. I don't think I'd spend too much energy on this one. P.S. ( Perhaps his comments in BW are finally coming back to haunt him). Ric D.

To: silicon warrior who wrote (9564)	12/14/1998 6:07:00 PM
From: Steven Bowen	Read Replies (1) \| Respond to of 12468

"is it actual sale or just notice of filing???" Just 144 filing. I know of no way to ever find out if they did sell, although I think they normally say that the sale is usually done before the public sees the filings. "counsel would advise Board members not to trade while in possession of material inside info" That's why I question his timing here. Especially when, as I understand it, he's the one in charge of all strategic planning and deal making. Don't you have to take his filing almost as saying that nothing much is up??? Of course, maybe he registered so he can sell Thursday after the big announcement? I wouldn't be surprised if there isn't a lot more going on than we realize (well duh if that ain't obvious) and he is planning on leaving.