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To: capitalistbeatnik who wrote (2623)	5/11/1999 3:56:00 PM
From: SteveG	Respond to of 17683

I don't think that is true. Ted? In fact I would be flabbergasted (especially after today's nudge-wink cajoling w/Kiernan and crew) if at least the SB boys didn't get a very nice "FoC" allocation of IPO stock directed to them.

To: capitalistbeatnik who wrote (2623)	5/11/1999 5:10:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 17683

I believe they are limited to mutual funds and their GE stock options. I certainly don't believe they would have been permitted to purchase shares of TSCM (which is an interesting military acronym as well) due to an obvious conflict of interest. Ted will tell us if we're off base on that.

To: capitalistbeatnik who wrote (2623)	5/12/1999 8:41:00 AM
From: Ted David	Read Replies (13) \| Respond to of 17683

We are allowed to own GE stock and shares in the 401K mutual fund. (And there is only one stock fund in it.) We are allowed to buy stocks so long as we hold them for 4 months after purchase. We must also notify management when purchases are in excess of a certain dollar and/or share amount limit. We may not short, we may not buy options, we may not buy futures contracts. And, WE MAY NOT TAKE PART IN IPO'S. And by the way, all of the above applies to our spouses as well. Bottom line: we have some pretty stringent rules to prevent us from benefitting from our unique roles.