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Technology Stocks : CCSC - Coherent Communications
CCSC 5.170+0.4%Apr 20 5:00 PM EST

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To: Bradley C. Pearce who wrote (198)5/28/1997 9:43:00 AM
From: Todd D. Wiener   of 381
 
Bradley-

When I look at the selling, I think of another stock I hold, Cabletron Systems. Recently, during the tech correction, it was trading at $29, and the CEO and Pres. sold some of their shares. There was some concern as to why they'd sell at the low point for the stock. Well, it now trades at $43, so the insiders look pretty silly.

I cannot find anything wrong with CCSC as much as I look. Obviously, I'm not an insider, so I can't know for sure. Insiders sell for many reasons. When we see Dan McGinnis and Safeguard dump a load of shares, I'll become concerned. But I'm not selling my shares.

Todd
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