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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (54326)4/7/2000 1:00:00 AM
From: rupers  Read Replies (1) of 122087
 
ETYS .. Any Life Rafts?

fyi ... article on ETYS insider trading .. rats jumping ship.

Toys For Sale
By Craig Columbus
President, insiderSCORES.com

Our focus this week is ETOYS (ETYS). During the month of February, four insiders sold 370,000 shares. The transactions were made at prices ranging from $14.06 a share to $18.44 a share. Director Matthew Glickman made the largest sale of 200,000 shares. He was followed by CIO John Hnanicek who sold 70,000 shares and Senior VP Operations, Louis Zambello and Director Peter Hart who sold 50,000 shares each.

The sales are noteworthy because the sales were made after a significant drop in the stock. ETOYS went public on May 5, 1999 at $70, when three of those four insiders were actually buyers at $76.56 a share. Furthermore, if you go back to November, IDEALAB, the incubator that took the company public, sold 3.8 million shares. The stock price has continued to drop, selling on April 3 at $8.93. ? Eric Lopkin
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