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Technology Stocks : USWeb (USWB) -- Ignore unavailable to you. Want to Upgrade?

To: Rick who wrote (925)	5/19/1999 12:48:00 PM
From: Racso	Read Replies (1) \| Respond to of 1188

RE: Insider sales at USWB -As of April, M Kvamme, T Corey, T Suiter, J Firmage and S Laube were holding together 4.023mm or 5.4% of shares outstanding. Quite a respectable amount by any measure. This amount does not include shares held by R Shaw [CE0] nor C Ayer [CFO]. -Since you claim to have a long investing experience, you should have learn by now that insider sales per se have no meaning for investing purposes. You should know this. -Since such type of sales may nevertheless be a cause of concern, let us be clear that in USWB's case the highest insider sales activity took place back in November [$97mm] with the lowest amount this March [$81mm]. Insider sales in the last 30 days is $18mm. -Most important to understand USWB in this regard is the fact that institutional ownership is growing. Bloomberg quotes 135 buyers in the last reporting period which comprises 105 buyers and only 39 sellers. M Stanley in its last report quotes 153 institutional investors. All together these institutions own 49.4% of shares. Again quite respectable.