SORRY F^CKS selling again !! Good Timing !!! Another director also sold 20000 and gave away 3000 in November.
Maybe some stupid investor bought the shares at $18, while the insiders knew all along the stock was about to drop to $11 a few weeks later. This should be against the law.
Best,
hk
"WASHINGTON, DC, Dec. 22, 1999 (States via COMTEX) -- Benedict A. Itri
of Tustin, CA, a Exec. Vice President and CTO of PairGain Technologies,
Inc. (SYMBOL: PAIR), disposed of 50,000 shares in 7 transactions for between $13.50 - $18.13 each bet ween November 08, 1999 and November 19, 1999. Benedict A. Itri currently owns 486,444 shares. A Form 4 reporting the transaction was filed with the Securities and Exchange
Commission on December 10, 1999. " |
