Below are insider transactions of 1,000 shares...

THE BALTIMORE SUN

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.

Florida Rock Industries

S. Robert Hays, officer, exercised an option for 6,000 shares of common at $12.56 each Jan. 4 and sold them for $31.50 each Jan. 4 and now directly and indirectly holds 23,544 common.

Optelecom Inc.

Edmund D. Ludwig, president, exercised an option for 30,000 shares of common at $1.83 each Dec. 30 and now directly holds 111,810 common.

Washington Homes Inc.

Thomas J. Pellerito, president, purchased 5,000 shares of common at between $5 and $6 each from Dec. 4 to Dec. 28 and now directly holds 55,000 common.

Pub Date: 2/08/99

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