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

To: Brasco One who wrote (31078)	4/19/1999 1:22:00 AM
From: mchip	Respond to of 122087

<<another 80,000 shares of eFAX were filled to be sold on 4/16/99.>> haha.. read that as ANOTHER 80,000 were sold... #reply-8932566 And the other 144's... DRAPER ASSOC.INC. 80,000 144 04/15/99 CARNEVALE, STEVEN J. DIR 33,333 144 04/06/99 CRANDELL, MICHAEL M. OFF 51,750 144 04/06/99 GORMAN, KELLY A. 30,233 144 04/06/99 JONES, ALLEN K. CFO 11,250 144 03/25/99 PRINCE, EDWARD R.JR DIR 10,000 144 03/25/99 AKIN, THOMAS B. P 300,000 144 03/24/99 JACOBSON, JOHN L. OFF 4,108 144 03/24/99 PRONIX, T.TTE LIVING TR 8/92 8,795 144 03/24/99 CARNEVALE, STEVEN J. DIR 100,000 144 03/23/99 JACOBSON, JOHN L. VP 4,000 144 03/23/99 JONES, ALLEN K. CFO 10,000 144 03/23/99 PHILLEY, STEVEN M. 2,000 144 03/23/99 AKIN, BLAIR SPENCER 41,860 144 03/22/99 AKIN, KYLE PETERSON 41,860 144 03/22/99 AKIN, THOMAS B. DIR 37,667 144 03/22/99 CRANDELL, MICHAEL M. OFF 25,000 144 03/22/99 PRINCE, EDWARD R. III CEO 80,000 144 03/22/99 RADIN, LON B. OFF 40,000 144 03/22/99 -------------- #reply-8932566 The 144 myth! <<Remember before an insider can sell restricted shares he/she must first file the intent.>> True but all the insiders' broker needs is a signed PAPER form 144 to sell. Please don't think that you will see ANY record of this form for a week or two. Read that as they could have sold up to 2 weeks before you even see the 144. <<This in no way indicates that the shares were sold.>> True. A 144 is a registration to sell, not that they were sold, but realize that they could have been sold before you even see the 144! Look closely at insidertrader.com and match 144's to the actual sales for other companies(which will show up a month or two later on form 4's). You can see sales that took place a week or two before the 144 date by matching the shares and sellers. The internet is great for information but don't fall for the 144 myth! There is no requirement for 144's to be filed electronically, only that the seller's broker has a signed 144 in hand and not in a blackout period to make the trade.