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08/19/04 11:28 AM

#81480 RE: fung_derf #81447

fung_derf: Good catch. Sorry for the error.

What I said applies to purchased stock not gifts.

If you buy securities from a controlling person or "affiliate," you take restricted securities, even if they were not restricted in the affiliate's hands.

Ref: http://www.sec.gov/investor/pubs/rule144.htm