Below are insider transactions for publicly held companies...

Insider Trading

July 19, 1999

Below are insider transactions 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.

Black & Decker Corp.

Barbara B. Lucas,vice president, disposed of, by gift, 300 shares of common at an unreported price June 22 and now directly and indirectly holds 12,590 common.

Guilford Pharma. Inc.

Craig Robert Smith, M.D.,chairman, disposed of, by gift, 3,000 shares of common at an unreported price June 9 and now directly and indirectly holds 402,952 common.

Harbor Fed. Bancorp Inc.

Robert A. Williams,president, exercised an option for 500 shares of common at $9.66 each June 11 and now directly and indirectly holds 58,014 common.

US Airways Group Inc.

Raymond W. Smith,director, purchased 1,500 shares of common at $44.06 each June 28 and now directly holds 2,000 common.

Insider Trading is written by CDA/Investnet of Rockville.

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