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To: Zeev Hed who wrote (28290)5/16/1999 6:18:00 PM
From: Andrew H  Read Replies (2) | Respond to of 44908
 
>>thus you must deduce from these documents that indeed he sold at least 44 MM shares in the 1997 and 1998 time frame <<

I don't know if this is true, but if so, it certainly reflects poorly on the CEO.



To: Zeev Hed who wrote (28290)5/17/1999 10:13:00 AM
From: Ellen  Read Replies (1) | Respond to of 44908
 
And by the way, in the last SB-2 I found another 1.25 MM grant of shares to Gordon, see page 16, the comment (n1) then mentions that on December 4 1998, another 5 MM shares were granted, so I assume these 1.25 MM are not part of the 5 MM, but in view of all the other shares, who cares. In summary my statement that "Gordon must have sold in 1998 at least some 20 MM shares into the market", is, IMHO, "evident" from SEC filings.

Are these the same 1.25 million shares?

Message 9318320