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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: rogermci® who wrote (9743)2/8/1999 5:33:00 PM
From: Erik Lundby  Respond to of 122087
 
More egrp sales.

(NewsTraders.com)-- General Atlantic Partners II L.P. and GAP CoInvestment Partners L.P. combined to register a total of 908,855 additional E*Trade Group (EGRP) common shares for sale, according to Form 144 filings released today by the SEC.

As reported earlier today by NewsTraders, General Atlantic and GAP, each self-described affiliates of E*Trade Group, previously registered to sell 1,899,848 additional common shares with an aggregate market value of $108,896,437.

In the latest filings, General Atlantic registered 790,222 E*Trade Group shares for sale with a market value of $44,294,314. GAP registered to sell 118,633 shares with a market value of $6,649,736. Each listed Feb. 4 as the intended date of sale with Goldman Sachs as the broker.

E*Trade Group has about 113,528,600 common shares outstanding.

Copyright 1999 NewsTraders Inc. All Rights Reserved 15:05 Monday, February 08, 1999