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Will99

10/28/04 8:48 PM

#113015 RE: janice shell #113002

Shell: "...Sometimes they investigate a company for several years before pouncing. The companies aren't obliged to inform shareholders unless the SEC sent them written notice of a formal investigation..."

Well Janice, Urban would have had to have known the SEC was investigating him if he went to Glenn seeking his assistance, no? That would imply then that he received some sort of notice from the SEC of a pending investigation, which would have then required some sort of press release.