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To: Blue Snowshoe who wrote (4650)4/24/1999 12:12:00 AM
From: Sarkie  Respond to of 28311
 
Blue, I saw something the other day on Allen's filing to sell shares of AOL, something like 130,000 shares (don't remember exactly). I don't remember where I came across it, perhaps it was a link posted here.

If you can find it, would you please post it again.

Thanks
Sarkie



To: Blue Snowshoe who wrote (4650)4/24/1999 12:37:00 AM
From: RTev  Respond to of 28311
 
Has anyone posted information on Paul Allen filing to sell a large amount of AOL?

Somebody mentioned that the other day, but didn't post a link or any other information to verify the claim. I've also seen it mentioned elsewhere, but again, without sourcing. Do you have any more information?

Neither Vulcan nor Allen's name appears in this list of insider trades:
insidertrader.com

Furthermore, I wouldn't expect it to. Although Vulcan might well have bought some shares of AOL as an investment, I doubt they have enough to be considered insiders. Allen reportedly sold his 20% interest in AOL years ago. Allen has sold about 1.5 million shares of Microsoft in the past two months, and he or his company might well be selling other investments to help pay for the series of construction projects they're involved in right now, but I don't think there's any reason we'd hear about it if the sale involved anything MSFT or another company in which Allen is an insider.

News of an Allen or Vulcan sale of AOL stock did not make it into news.com:
news.com;



To: Blue Snowshoe who wrote (4650)4/24/1999 2:26:00 AM
From: Sarkie  Read Replies (1) | Respond to of 28311
 
Found this
dailynews.yahoo.com

but I know I saw something else that actually mentioned how many shares Allen filed to unload. I check SEC and let you know.



To: Blue Snowshoe who wrote (4650)4/24/1999 2:54:00 AM
From: Sarkie  Read Replies (1) | Respond to of 28311
 
This is where I saw it.

techstocks.com