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Technology Stocks : Tekelec

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To: John Curtis who wrote (1412)4/1/2000 12:47:00 PM
From: stock bull   of 1648
 
Hi John, many thanks for your response. I wasn't watching the markets near the end of the day. So, I was quite surprised to see the stock down 4 when I returned after the markets had closed.

I too saw the recent insider selling and felt it was on the "heavy" side. However, I thought it was just some "planned" selling by the insiders now that the stock had experienced a very nice run-up. Also, I haven't seen any negative news or other events that might have impacted the company. I sure hope there isn't something going on that will result in a pre-announcement warning or some other disappointment. From your description of the last minute selling, and the 250K "block" of shares, I must agree with your conclusion of last minute "window dressing". In any event, Monday will tell us more...sure hope we see a jump up in the stock.

By the way, did you see any after hours trading in the stock? I couldn't find anything on after hours activity.

Again, thanks for the update.

Stock Bull
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