SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : IMPX The New Folder: Post all New Messages Here!!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dan Foster who wrote (56)6/14/1996 2:04:00 AM
From: Rick Mortellra   of 115
 
Latest filings show the 3 main guys to watch did the following:

David Laws, President, sold 100,000 shares @ $18.93 on May 3 bringing holdings to 94 shares.

Charles Isherwood, CFO, sold 141,890 shares @ $20.86 on May 6 bringing holdings to ZERO shares.

Barry Carrington, Chairman, sold 659,956 shares @ $17.44 to $22.00 between May 3-23, bringing holdings to ZERO shares.

No other IMPX insiders have filed to sell in the last 2 weeks. Insider selling, however, has picked up significantly for most disk drive makers, indicating that maybe that drive sales are expected to be soft this summer. Also, the Japanese will be launching an all out offensive on the US PC market this fall and PC prices are expected to plunge. Or it just might be the normal summer tech slump that the sector managed to avoid last year. Pick your poison.

Could see some bargain buying opportunities over the next month.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext