Jon, your 100 shares must be a fairly typical trade for this stock. Only 3000 shares changed hands today. I'll bet the MM's have to drink lots of coffee to keep awake for this one.
Maybe they get their coffee from one of the previous businesses founded by this company's chairman. Here's his biography from the proxy:
<<SKY D. DAYTON
Age: 25
Mr. Dayton, the founder of the Company, has served as Chairman of the Board of Directors since the Company's inception in May 1994 and served as its Chief Executive Officer from May 1994 until May 1996. From 1992 to 1993, he served as co-owner of a computer-based digital imaging firm, Dayton Walker Design. From 1991 to 1992, he served as Director of Marketing for new products at Executive Software, a VAX/VMS utility software maker. From 1990 to 1994, Mr. Dayton co-owned Cafe Mocha, a coffee house in Los Angeles, which he co-founded, and was a co-owner of Joe Cafe, a coffee house in Studio City, California. >>
I've read a lot of proxies before, but I don't recall having seen that particular business experience listed in the vita of the Chairman of the Board, until now. |
