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Technology Stocks : Insignia Solutions (INSG) -- Ignore unavailable to you. Want to Upgrade?

To: Ray who wrote (866)	3/4/1999 12:33:00 PM
From: Bert Zed	Respond to of 1606

Spoke to the company, I would rather not say who I spoke to. But they know of no reason why the stock is battering its head against the $6.00 ceiling. I was told there is no convertible note out there with a $6 trigger. In addition I mentioned the Sitemans specifically. They are not selling, they are in for the long run, and if anything they may well be adding. Back to the drawing board........................ I think that it could be someone who bought a stack of stock at lower levels and is selling at $6, but I do find that rather hard to believe. When that ceiling is removed the stock should quickly move past this impediment. JMHO. bert