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To: Dave B who wrote (20387)5/17/1999 1:59:00 PM
From: Logain Ablar  Respond to of 93625
 
Don:

The 6 month restriction is what investment banks typically require of insiders. They don't want to be marketing the stock the same time insiders are selling - a creditability issue with clients.

ON Goldman's 3 years. I assume this is separate where the company (Goldman)'s incentive plan is set up with this restriction. Travelers had (not sure now with Citigroup) a similar restriction.

Tim



To: Dave B who wrote (20387)5/17/1999 2:25:00 PM
From: jopawa  Read Replies (1) | Respond to of 93625
 
13:54 GRAND CANYON MISPLACED BY US POST OFFICE-AP.

14:20 WISCONSIN TOWN POSTMASTER ACCUSED OF STEALING BLOOD SAMPLE OUT OF MAIL AFTER CHARGED WITH DWI-AP.

Bad day for the US Postal Srvc

John



To: Dave B who wrote (20387)5/17/1999 2:28:00 PM
From: Don Green  Read Replies (1) | Respond to of 93625
 
> That seems excessive!

DAVE & Tim , Yes it is, BUT from what I heard on CNBC when the GS IPO came out it was very common.. I guess they wanted to prevent a lot of "exit stage left" moves by many wealthy employees.

Don