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Technology Stocks : America On-Line: will it survive ...?
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To: Shoe who wrote (3168)5/26/1997 11:30:00 AM
From: jack rand   of 13594
 
>In fairness, we should recognize that insiders may well need to >diversify their assets by selling shares of their company, even if
>they are quite confident of the company's prospects

Yeah, but the latest wave of selling (334K $15.9m by 8 insiders in May) began in April, after virtual hiatus since 5/96 when AOL was near
all time highs. IMO this kind of selling as much expresses judgment
of stock's valuation as it does diversification of holdings.
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