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Saturday, September 15, 2007 10:42:23 AM
They are not in conflict.
The 4 mil sale took place during the day, End of Fiscal year is at the end of the day.
He had 5 mil shares at the end of the day and therefore at the end of the fiscal year.
If your interpretation were correct, the end of the fiscal year would be at the beginning of the day BEFORE he sold 4 mil shares.
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