Below are insider transactions of 1,000 shares or more for...

Insider Trading

September 21, 1998

Below are insider transactions of 1,000 shares or more for publicly held companies based in Maryland or having substantial operations here. Insiders are officers, directors or owners of 10 percent or more of a corporation's stock.

Bell Atlantic Corp.

Chester N. Watson, vice president, exercised an option for 6,000 shares of common stock at $30.92 each Aug. 4 and sold them for $45.31 each Aug. 4 and now directly and indirectly holds 2,080 common.

General Motors Corp.

Louis Ralph Hughes, vice president, exercised an option for 2,508 shares of common at $39.87 each from Aug. 6 to Aug. 7. To cover expenses of the transaction, Hughes turned in 1,405 of them for $71.16 each from Aug. 6 to Aug. 7 and disposed of, by gift, 520 shares at an unreported price from Aug. 6 to Aug. 7 and now directly and/or indirectly holds 40,609 common and 18,752 Class H common.

Leeds Federal Svgs Bank

John E. Amer, director, sold 5,668 shares of common for $18.25 each Aug. 7 and now directly holds 4,416 common.

Harbor Federal Bancorp

John H. Riehl, director, indirectly purchased 1,110 shares of common at $19.13 each Aug. 12 and now directly and indirectly holds 23,138 common.

Robert A. Williams, director, exercised an option for 2,100 shares of common at an unreported price Aug. 10 and now directly and indirectly holds 53,266 common shares.

Info. Resrcs Engineering

Ira A. Hunt, director, purchased 6,000 shares of common at between $4.63 and $6.38 each from Aug. 3 to Aug. 25 and now directly holds 9,000 common.

Washington Homes Inc.

Geaton A. Decesaris, beneficial owner, purchased 3,730 shares of Class V common at $4.75 each Aug. 10 and now directly and indirectly holds 707,392 voting common.

Paul C. Sukalo, director, sold 3,730 shares of Class V common for $4.75 each Aug. 10 and now directly and indirectly holds 325,263 voting common.

Insider Trading is written by CDA/Investnet of Fort Lauderdale, Fla.

Pub Date: 9/21/98

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