Actually,
Management "split" to Jamaica for Memorial Day weekend.
I think they are smoking Ganja over there.
Or how about this MANU announced 2 for 1 split back on May 9, 1997.
It was executed today. ;-)
Hey BMFM, don't tell me you own SMOD too?
Talk about a couple of stocks that got hammered today.
On a more serious note:
Another analyst jumps into the downgrade MANU bandwagon.
Manugistics Group Cut to 'Hold' at Prudential
Bloomberg News
May 22, 1998, 12:29 p.m. PT
Princeton, New Jersey, May 22 (Bloomberg) -- Manugistics Group Inc. (MANU
US) was downgraded to ''hold'' from ''buy'' by analyst Douglas J. Crook at
Prudential Securities.
-- Andrew Bekoff in the Princeton, New Jersey newsroom, (609)279-3652
Also, fyi
Gibson sold 45,000 shares on April 2 and April 3 for about
$60 a share, reaping about $2.7 million and leaving him with 5.34
million shares, according to the Washington Service, which tracks
insider trading. Manugistics' chief financial officer, Peter
Repetti, sold 3,616 shares for $210,632, disposing of more than
two-thirds of his holdings.
Manugistics officials weren't immediately available to
comment on the sales, which were made in the two weeks after the
company reported better-than-expected fourth-quarter earnings.
I told you these guys are in Jamaica...
I smell LAWSUITS.... |
