Paul Allen: Insider Extraordinaire.....
Amazing stuff. Thanks to those who posted these links.
From....
theregister.co.uk
Posted 26/04/2000 6:17am by Thomas C. Greene in Washington
Paul Allen nearly divested of M$ stock
Acting on a tip from one of our beloved readers, The Register took a peek at the recent securities trading history of Micro$oft Co-founder, Director and all around mysterious character Paul Allen.
Allen, we confirmed, has unloaded roughly US $8 billion in company stock over the past twelve months, which leaves him holding a paltry 53 thousand shares, worth now a piddling $3.7 million due to recent unfavourable market forces.
He appears not to have traded since early March, so the bulk of his roughly forty sales were in the very attractive range of $85--$95 per share, and typically in the range of 2--4 million each in volume. Apparently he needed a bit of pocket change.
But we wonder why he's elected to divest so completely. Micro$oft now represents his smallest stake in any company by which he's listed as a principal. Surely it couldn't have anything to do with pessimism over the inevitable effects of numerous anti-trust remedies now being contemplated with devilish joy by the US Department of Justice.
No, certainly not.... ©
====================== Microsoft Corporation:
This page lists all planned sales filed by an insider on a SEC Form 144 for the last 12 months. For a list of completed transactions, see the Transactions tab.
Planned Sale Detail Return to Planned Sales overview Name: ALLEN PAUL G Title: Affiliated Person Source of Stock: FOUNDERS STOCK
Proposed Date Quantity Value Broker 03/13/00 3 Mil $279.13 Mil FIRST UNION SECURITIES INC 03/06/00 1 Mil $139.55 Mil DEUTSCHE BANC ALEX BROWN 03/06/00 5 Mil $454.85 Mil FIRST UNION SECURITIES INC 03/03/00 4 Mil $340.42 Mil BT ALEX BROWN 03/03/00 2 Mil $194.52 Mil DONALDSON LUFKIN & JENRETTE 03/02/00 3 Mil $280.10 Mil ALEX BROWN 03/02/00 2 Mil $186.11 Mil MORGAN STANLEY 03/01/00 2 Mil $180.49 Mil FIRST UNION SECURITIES INC 03/01/00 2 Mil $182.77 Mil LEHMAN BROTHERS 02/18/00 5 Mil $490.29 Mil FIRST UNION BROKERAGE SERVICES INC 02/17/00 3,000 $298,875.00 MORGAN STANLEY 02/16/00 2 Mil $196.66 Mil RAGEN MACKENIZE INC. 02/15/00 3 Mil $295.71 Mil ALEX BROWN 02/14/00 2 Mil $199.54 Mil DONALDSON LUFKIN & JENRETTE 02/11/00 4 Mil $400.98 Mil FIRST UNION SECURITIES INC 08/23/99 1.000 Mil $84.92 Mil EVEREN SECURITIES INC 08/16/99 1.000 Mil $84.72 Mil EVEREN SECURITIES INC 08/13/99 1.000 Mil $84.77 Mil MORGAN STANLEY & CO INC 08/09/99 1.000 Mil $85.00 Mil ALEX BROWN 08/06/99 2 Mil $170.40 Mil EVEREN SECURITIES INC 08/05/99 2 Mil $170.68 Mil DONALDSON LUFKIN & JENRETTE 08/04/99 2 Mil $162.44 Mil EVEREN SECURITIES 08/04/99 2 Mil $169,875.00 Mil DONALDSON LUFKIN & JENRETTE 07/28/99 1.000 Mil $89.12 Mil MORGAN STANLEY 07/23/99 1,000 $90,250.00 ALEX BROWN & SONS INC 05/21/99 600,000 $46.55 Mil EVEREN SECURITIES INC 05/19/99 200,000 $15.68 Mil EVEREN SECURITIES INC 05/06/99 200,000 $16.07 Mil MORGAN STANLEY 04/23/99 1.000 Mil $86.00 Mil DONALDSON LUFKIN & JENRETTE
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